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IPFS News Link • Gold and Silver

Gold & Silver Extend Gains On Lagarde's "Inflation Is Coming" Comments

• by Tyler Durden

Over the medium term, the inflation rate will increase, Lagarde said, adding that "the direction [rising] of inflation is good."

Additionally, she noted The ECB's highly accommodative stance will continue for a prolonged period until inflation rises, and said that incoming economic and survey data point to some stabilization in the slowdown of economic growth in the euro area.

Gold and silver have erased all the post-Payrolls losses...