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‘Repatriate the gold’: German economists advise withdrawal from US vaults
Germany is facing calls to withdraw its billions of euros’ worth of gold from US vaults, spurred on by the shift in transatlantic relations and the unpredictability of Donald Trump. Germany holds the world’s second biggest national gold reserves after the US, of which approximately €164bn (£142bn) worth – 1,236 tonnes – is stored in New York. Emanuel Mönch, a leading economist and former head of research at Germany’s federal bank, the Bundesbank, called for the gold to be brought home, saying it was too “risky” for it to be kept in the US under the current administration. “Given the current ... (full story)
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- Jan 25, 2026 3:18pm Posted byFundamental Analysis261
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