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Germany’s overseas gold holdings are drawing increased attention from policy circles. Economists and lawmakers are weighing potential risks.
Germany stores over one-third of its gold reserves in the United States. This practice has been standard for decades.
Critics argue that global political shifts make such reliance risky. They favor bringing gold back under domestic control.
Defenders say international storage supports market confidence and stability. They argue the system continues to work effectively.
The government maintains that Germany’s gold strategy remains sound. Public discussion around the issue is growing.