Germany's Gold Reserves in New York: Security Concerns and Repatriation Debates

Summary

The article discusses Germany's significant gold reserves stored in the United States, specifically at the Federal Reserve Bank of New York, worth approximately 160 billion euros. It examines concerns about the safety of these reserves given political changes in the US, particularly with President Trump's approach to international relations and the rules-based world order. The piece explores debates within Germany about whether to repatriate the gold for security reasons, with Bundesbank officials insisting on existing protections while critics express fears about potential seizure.