DoubleLine Capital CEO Jeffrey Gundlach is getting so bullish on gold that he is saying investors could hold up to a quarter of their portfolios in the metal, far above what normal portfolio recommendations set for commodities. Gundlach, whose firm managed about $95 billion at the end of 2024, believes gold will continue to stand out amid an already stellar year on the back of inflationary pressures and a weaker dollar. "I think almost certainly gold will close above $4,000 before the end of this year," Gundlach said on CNBC's " Closing Bell. " His forecast represents a 7% upside from the current record level. "I still think a 25% type weighting in gold is not excessive. I think that is an insurance policy. It's in a winning mode because of the weaker dollar and I believe that's going to c

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