Gold soared almost 3 percent to a two-and-a-half week high on Thursday after dovish comments from Federal Reserve Chairman Ben Bernanke, but analysts are still not convinced the metal is a good long-term buy.
Bernanke stressed on Wednesday that U.S. monetary policy would remain "highly accommodative for the foreseeable future", in order to combat stubbornly high unemployment. His comments sparked a rally in bullion, which has now clocked its longest winning streak since April.
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