Gold's eight-year bull run is far from over

Gold is regaining its lustre. Having trod water for the past few months, it had its best week since April last week, rising by 4.1%. Early in the week it jumped above the $1,000 an ounce mark for the first time since February, not far off its March 2008 high of $1,035. Another slide in the dollar, bullish chart signals and jitters over the strength of the global economy – witness the equities wobble last week – have triggered buying. And the long-term outlook for gold remains compelling.
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