More than 1,200 tons of gold are stored in the U.S., causing concern; German lawmakers: "Count it clearly and bring it back."

Wallstreetcn
2025.04.06 09:41

For decades, Germany has stored over 1,200 tons of gold reserves in the vault of the Federal Reserve Bank of the United States in Manhattan, New York City, with a total value of over 100 billion euros at current prices. According to recent reports from Western media, including those from Germany and the UK, as the current U.S. government's economic policies fluctuate and it imposes "tariff chaos" on trade partners, including European allies, there is a renewed call in Germany to withdraw its gold reserves from the U.S. Within the Christian Democratic Union, the center-right party involved in forming the new German federal government, some senior officials are urging a reassessment of the decades-long "gold storage in the U.S." arrangement, citing concerns that the U.S. is no longer a "reliable partner" for Germany. (Xinhua News Agency)