Overview
- FDP politician Marie-Agnes Strack-Zimmermann urged a timetable to return the 1,236 tonnes stored at the New York Fed and called for a Bundestag debate.
- Former Bundesbank research chief Emanuel Mönch and Green lawmaker Katharina Beck endorsed moving the bars, citing geopolitical risk under President Trump.
- Bundesbank President Joachim Nagel opposed relocation, stressing regular inspections, market access at foreign hubs and that Frankfurt has space if ever required.
- Economists such as Clemens Fuest and Michael Hüther cautioned against a hasty shift, arguing a split across key markets supports flexibility.
- Germany holds roughly 3,350 tonnes in total across Frankfurt, New York and London, with the New York share valued at about €160–164 billion as gold prices set records.