Gold to clinch $8,000 in just 5 years? Germany’s Deutsche Bank makes bold prediction
- Posted on April 29, 2026
- By Business News Today
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- 1 min read
Gold to clinch $8,000 in just 5 years? Germany’s Deutsche Bank makes bold prediction
Gold's role in global reserves is set to grow. Deutsche Bank forecasts gold prices could reach $8,000 per ounce in five years. Central banks are increasing their gold holdings, moving away from the US dollar. This trend is driven by economic and geopolitical uncertainty. Emerging markets are leading this shift, diversifying their reserves.
