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That’s the assessment of analysts from UBS and Credit Suisse, who see gold entering a new bull run.

According to UBS analyst Joni Teves, gold could climb to ,400 an ounce in the short term on macroeconomic uncertainty, dovish monetary policy and lower yields.

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“These factors,” Teves writes, “justify strategic gold allocations across different types of investors” and should encourage hesitant investors to participate.

Don't make the mistake of ignoring what an all-star roster of the world's richest investors is doing right now.

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