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Clariden Leu bullish on the outlook for gold

Clariden Leu remains bullish on gold, despite the recent run up in prices for the precious metal that has propelled it past US$ 1600 per ounce. During the course of the year it has invested 2% to 8% of its managed discretionary portfolios in gold, the position is being held in tracker certificates and gold exchange traded funds fully backed…

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