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[Jeff Gundlach Predicts Gold Price Surge To $4,000 Amid Geopolitical Concerns] Doubleline Capital CEO Jeff Gundlach Predicts Gold Prices Could Rise Another 20%, Potentially Reaching $4,000 An Ounce, Noting The Metal Is Increasingly Seen As An Asset Class Due To Geopolitical Concerns. Gold Has Already Gained 25% Year-to-date. Data From The World Gold Council Shows Global Physically-backed Gold ETFs Grew By $11 Billion In April To $397 Billion, While A Bank Of America Survey Indicated 58% Of Fund Managers See Gold As The Safest Asset In A Trade War Scenario. Other Financial Institutions Like Goldman Sachs, UBS, And Bank Of America Have Also Issued Bullish Price Targets For Gold.
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