Gold’s Resurgence: Parallels with Bitcoin Emerge Amidst Central Bank Purchases

Central banks are rapidly expanding their gold holdings as economic uncertainty grows. Deutsche Bank draws a parallel between the historical rise of gold and the recent adoption of Bitcoin, questioning the potential role of crypto in official reserves in the coming years. 24% of central bank reserves now consist of gold, a figure not seen since the 1990s, signaling a significant shift in their strategy. 📈 This resurgence, fueled by distrust in fiat currencies and a return to tangible assets, is driving new discussions about the future of reserve asset management.