Deutsche Bank Highlights Gold's Rising Role in Central Bank Reserves Amid Geopolitical Uncertainty
Deutsche Bank reports that gold's share in central bank reserves has tripled to 30% since the 1990s, driven by geopolitical tensions and a shift away from the U.S. dollar. The strategist notes that gold prices have risen over 40% in the past year, with central bank purchases playing a significant role in this trend.
Topics: central bank reserves currency trends Deutsche Bank gold safe-haven assets