Article 732FV ‘Repatriate the gold’: German economists advise withdrawal from US vaults

‘Repatriate the gold’: German economists advise withdrawal from US vaults

by
Kate Connolly in Berlin
from on (#732FV)

Shift in relations and unpredictability of Donald Trump make it risky to store so much gold in the US', say experts

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.

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