“特朗普变量”引发信任危机 德国各界呼吁从美撤回千亿黄金储备
智通财经网·2026-01-25 23:10

Core Viewpoint - Germany is facing increasing pressure to repatriate a significant portion of its gold reserves from the United States due to concerns over the unpredictability of the Trump administration and changing transatlantic relations [1] Group 1: Gold Reserves Overview - Germany holds the second-largest national gold reserves globally, with approximately 1,236 metric tons valued at around $194 billion stored at the New York Federal Reserve Bank [1] - The total value of Germany's gold reserves is about $530 billion, with just over half stored at the Deutsche Bundesbank in Frankfurt, 37% in New York, and 12% in the Bank of England in London [1] Group 2: Calls for Repatriation - Emmanuel Mense, a prominent economist and former head of research at the Deutsche Bundesbank, advocates for repatriating gold to enhance Germany's strategic independence amid current geopolitical tensions [1] - Michael Yeager, president of the European Taxpayers Association, urges Berlin to act, citing Trump's unpredictable nature as a reason for the insecurity of gold stored at the Federal Reserve [1] Group 3: Political Discourse - The debate over gold repatriation has transcended its previous association with the far-right Alternative for Germany (AfD) party and has entered mainstream political discourse [1] - Katrin Becker, a spokesperson for the Green Party on finance, emphasizes that gold reserves are a crucial anchor of stability and trust, which should not be used as leverage in geopolitical disputes [1] Group 4: Expert Opinions - Not all experts agree on the repatriation of gold; Clemens Fuest, director of the Ifo Institute, warns that bringing back gold may only exacerbate the current situation [2] - The Merz coalition government has previously stated that it does not currently consider withdrawing gold reserves [3]