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MW: Gold futures dip ahead of Fed Beige Book
 
By Nick Godt
NEW YORK (MarketWatch) -- Gold futures fell early on Wednesday, with investor sentiment on hold as the dollar steadied against major counterparts ahead of a key assessment of the U.S. economy by the Federal Reserve. Gold for December delivery fell $8.20, or 0.8%, to $1,050.40 an ounce in electronic trade. The less-active October contract fell $7.10, or 0.7%, to $1,050.70 an ounce. The Fed will release its Beige Book of economic anecdotes from across the country at 2 p.m. Eastern. The dollar rose against the euro and the yen, while the dollar index (DXY 75.49, -0.08, -0.11%) , which measures the U.S. unit against a basket of six major currencies fell slightly.

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