Deutsche Bank Says Treasury Bond Buybacks Could Lift Gold

Deutsche Bank thinks gold could become more valuable.

This view is connected to a plan by Treasury Secretary Scott Bessent.

He plans to buy back more government bonds.

The plan would involve more than twice as many buybacks as before.

Deutsche Bank believes this could help push gold prices higher.

Because of this expectation, the bank recommends buying gold.

The article does not say exactly when the plan will happen.

It also does not give a specific place for the intervention.