The Fed's implementation of an open-ended QE3 has heightened discussions of inflation in the United States.
Bond investors on Monday bumped a key measure of inflation expectations to its highest level since 2006, according to The Financial Times, as the "break-even rate" jumped as high as 2.73%, based on the difference between nominal and inflation-protected Treasury debt.
Though soaring inflation is still a speculative call, this indicator is expected to influence the gold price over the long-term.
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