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Germany's Gold Reserves: Pressure to Repatriate Amid Security Concerns

1/24/2026

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Summary

Story summary

Germany faces pressure to repatriate gold reserves stored in the United States, valued at about €164 billion.
Economists Emanuel Mönch and Michael Jäger warn that the geopolitical climate under U.S. President Donald Trump risks asset safety.
The government, via spokesperson Stefan Kornelius, dismisses withdrawal plans.
Katharina Beck of the Greens advocates relocating the gold.
Bundesbank says the reserves remain secure and well-diversified, according to President Joachim Nagel.

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Story summary

Germany faces pressure to repatriate gold reserves stored in the United States, valued at about €164 billion.
Economists Emanuel Mönch and Michael Jäger warn that the geopolitical climate under U.S. President Donald Trump risks asset safety.
The government, via spokesperson Stefan Kornelius, dismisses withdrawal plans.
Katharina Beck of the Greens advocates relocating the gold.
Bundesbank says the reserves remain secure and well-diversified, according to President Joachim Nagel.