# Deutsche Bank Research Institute: Gold price could rise to $8,000 over the next five years.

*fintech · news · 2026-04-29 · The Financial Express*

## Key points

- Deutsche Bank predicts gold could reach $8,000 per ounce within five years, a 77% increase.
- The share of gold in global central bank reserves has doubled to nearly 30% in four years.
- US dollar reserves in central banks have declined from 60% at peak to just 40% now.
- In Eastern Europe, over half of Czechia and Poland's gold was acquired post-Ukraine invasion.
- Gold now surpasses the euro as a central bank reserve asset, accounting for 20% versus 16%.

**Countries:** China, Russia, India, Turkiye, Kazakhstan, Saudi Arabia, Czechia, Poland, Qatar, Egypt, United Arab Emirates

[Read the full story on The Financial Express](https://www.financialexpress.com/market/gold-pulse/gold-at-8000-deutsche-bank-says-this-bull-run-is-just-getting-started/4221760/)

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