Germany is contemplating the withdrawal of approximately 1,200 tons of gold worth over €113 billion from U.S. Reserves due to concerns over tariffs that could harm Germany’s economy. Lawmakers are demanding more oversight and ensuring immediate access to these reserves.
The imposition of U.S. Tariffs threatens to reduce German GDP growth by 1.5% by the end of 2027. Meanwhile, gold prices continue to rise, reinforcing the importance of domestic gold storage for financial security in the face of trade disputes.
Leave a Reply