Gold is winning against the dollar as nations manage global strife. Deutsche Bank sees bullion prices surging

Central banks' increased preference for gold as a proportion of their reserves means the precious metal has more room to rise, according to Deutsche Bank. Gold's share of central bank reserves has tripled to 30% today versus the 1990s as monetary policymakers seek hedges against geopolitical turmoil, strategist Mallika Sachdeva said in a report published Monday. The percentage share of U.S. dollars in foreign central bank reserves has fallen to 40% from more than 60%. …