Gold to Surpass Dollar as Primary Reserve at $5,790/oz

Deutsche Bank research indicates that if gold prices reach $5,790 per ounce, central bank gold reserves will surpass their dollar reserves, positioning gold as the world’s primary reserve asset. Currently, central banks hold approximately 36,000 tons of gold, valued at $6.37 trillion with gold priced at $5,500 per ounce. This development comes amid global economic uncertainty, with the Federal Reserve maintaining stable interest rates while the Trump administration advocates for rate cuts.