30.04.2026 15:33
Deutsche Bank stated that gold has entered an upward trend with the shift in global balances, and predicted that prices could reach $8,000 if its share in reserves increases.
A striking prediction has emerged regarding gold prices, which have been fluctuating under the influence of tensions in the Middle East and global uncertainties. German banking giant Deutsche Bank has pointed to record levels for gold in the long term.
“THE GOLDEN AGE HAS BEGUN”
In the report published by the bank, it was emphasized that the “moderate period” in the global economy has ended and a more volatile process has begun, stating that “the golden age has begun.” Deutsche Bank argued that gold will play a decisive role in global power balances.
RECORD SCENARIO: 8 THOUSAND DOLLARS
According to the report, if developing countries change their reserve preferences, gold prices could rise to 8 thousand dollars within the next 5 years. It was stated that for this scenario to occur, gold's share in central bank reserves would need to reach 40 percent.
GOLD RISES AS DOLLAR DECLINES
Deutsche Bank announced that the dollar's share in central bank reserves has declined from 60 percent to 40 percent, while gold's share has tripled to 30 percent. It was emphasized that geopolitical developments and the transformation in global power balances are behind this change.
DEVELOPING COUNTRIES ARE BUYING GOLD
In the report, it was stated that particularly developing countries increasing their gold purchases are creating upward pressure on prices. While noting a structural shift in global foreign exchange reserves, it was indicated that gold's share in reserves could increase further in the coming period.
GOLD COULD BE THE FOUNDATION OF THE NEW ORDER
According to Deutsche Bank analysts, gold could assume a “balancing” role in a new financial system where dependency on the dollar decreases. It is anticipated that with the diversification of global trade and security relations, gold's safe-haven feature will strengthen even more.