(Kitco News) -- Deutsche Bank says gold will continue to be strong as a result of the global economic uncertainty and is maintaining its $2,000 per ounce price target. "We believe the main beneficiary of super low interest rates in the U.S., a weak U.S. dollar, a view that central bank holdings in the U.S. dollar are still excessive and ongoing questions over the stability of the financial system will be gold,” the bank says. In a research note, Deutsche Bank says the indicators it uses for measurement show that the gold price would need to hit $2,960 per ounce to bring the gold price relative to the S&P500 back to the levels of the 1930s. “For the time being this is not the economic scenario that we are forecasting, but, events in recent days have certainly moved us closer to this outcome,” the bank says. “We are, therefore, maintaining our $2,000 /oz gold price target outlined at the start of this year with the bias towards even higher prices.”