Here's the lesson Deutsche Bank learned from previous gold rallies as it lifts target to $6,000

Core Viewpoint - Deutsche Bank has raised its gold price forecast to $6,000, reflecting a 28% increase from its previous estimate, aligning with other major financial institutions like Societe Generale, Goldman Sachs, and Morgan Stanley [1] Group 1 - Deutsche Bank's new target for gold matches the forecasts of other Wall Street firms, indicating a broader consensus on the rising value of gold [1] - The increase in the gold price forecast is attributed to a rally in the yellow metal, suggesting strong market demand and potential investment opportunities [1]