"New Bond King" Gundlach is bullish on gold: upward trend far from over, expected to reach $4000.
According to the Zhitong Financial APP, "New Bond King" and Chief Investment Officer and Founder of DoubleLine Capital, Jeffrey Gundlach, said that the record-breaking rise in gold prices is far from over; and he predicts that gold prices may climb to a high of $4,000 per ounce. Gundlach stated in an interview this week that the volatility associated with tariffs is fundamentally changing traders' views on gold, and pointed out that gold prices have risen by 25% so far this year.
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