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Trump spurs questions about safety of Germany's gold in New York

Germany's central bank, the Bundesbank, holds 3,352 tonnes of gold, with about one-third kept in New York at the Federal Reserve, a practice that dates back to the Cold War era.
Recent tensions between U.S. President Donald Trump and key allies, along with his criticism of the Federal Reserve, have reignited discussions about the security and location of Germany's gold reserves.
Calls from Germany's Taxpayers Federation, right-wing AfD, and mainstream voices urge repatriation of the gold, while the Bundesbank maintains regular inspections and trusts the New York Fed.
Michael Jaeger expressed concern that Trump's desire to influence the Federal Reserve could extend to managing Germany's gold reserves stored in the United States, while Markus Ferber criticized the U.S. For no longer being as dependable as in the past.
The renewed scrutiny suggests Germany must consider diversifying gold storage locations to reflect current geopolitical risks and maintain confidence domestically.

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NRC Handelsblad

Lean Left

German Unrest over National Gold Bars in US. ‘It’s Our Money, It Must Be Returned’

German taxpayers are asking the German government to bring back its own gold reserves from New York. Storing gold in the US is no longer seen as a logical choice.

1 day ago·Netherlands

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Hot News

Lean Left

Because of Donald Trump, Bundesbank Is Forced to Rebuild Germany's Gold House in New York - HotNews.ro

The security of Germany's gold reserve, preserved above and first in New York, and so far was a subject of discussion only for the extreme right party and investors that mix...

1 day ago·Romania

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Reuters

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Center

Trump spurs questions about safety of Germany's gold in New York

Until recently mainly a talking point for the country's far-right AfD party and gold bugs, it is becoming a matter of public debate.

2 days ago·United Kingdom

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romaniatv.net

Lean Right

Unprecedented Measure of Germany, Which No Longer Has Confidence in Trump. Contributors Request the Withdrawal of the Gold Reserve From the Federal Reserve Bank of New York

The security of German gold reserves deposited abroad, especially in the United States, has returned to the centre of public debates once with Donald Trump's return to the White House. The topic, previously supported only by the extreme right party and investors that are at a constant increase in the gold price, has become a concern for top-level politicians, media institutions and civil society. The item is without Germany, which is no longer t…

2 days ago

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Seeking Alpha

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MSN

Lean Right

Trump’s return sparks public debate in Germany over gold reserves held abroad

2 days ago·United States

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Digi 24

Center

‘Tump Is Unpredictable’: Germany Asks Again Questions About the Gold Stored in the US

The security of Germany's gold reserves on the board, especially New York's deposits, until recently a particularly discussed subject by AfD, becomes a public debate issue, once Donald Trump's return to the White House...

2 days ago·Romania

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