Deutsche Bank: When gold prices reach $5,790/ounce, central bank gold reserves will exceed dollar reserves.

PANews reported on February 20th that a financial magazine published an article titled "When Will Central Banks Stop Hoarding Gold?", pointing out that while the Federal Reserve is committed to maintaining stable interest rates, the Trump administration is pushing for rate cuts, making the global interest rate and inflation situation uncertain. The latest data from the World Gold Council shows that central banks' total foreign exchange reserves are approximately $13 trillion, and their official gold holdings are 36,000 tons. At the current gold price of $5,500 per ounce, the value of central bank gold holdings is approximately $6.37 trillion. According to research by Deutsche Bank, when the gold price reaches $5,790 per ounce, central bank gold reserves will exceed their dollar reserves, at which point gold will become the world's "primary" reserve asset.