An interesting study from Deutsche Bank on gold. It turns out that if the price rises to $5,790 per ounce, central banks' gold reserves will surpass their dollar reserves for the first time. This would be a historic moment — gold would become the main reserve asset in the global financial system.

The data is impressive. Central banks currently hold about 36,000 tons of gold, which at a price of $5,500 per ounce is estimated at approximately $6.37 trillion. That’s a huge amount, and it shows how seriously the world’s banks regard yellow metal as a hedge.

What’s interesting is that such a scenario is becoming increasingly realistic amid current economic uncertainty. The Federal Reserve is holding rates for now, but the Trump administration is pushing for a decrease. In this environment, gold reserves look like a reliable alternative to the dollar for central banks.

If this trend continues, gold reserves could truly become a priority for global financial institutions. The only question is when the price will reach that critical mark of $5,790. For now, gold is moving in an interesting direction, and it’s worth keeping an eye on.