Gold prices were basically flat Wedesday, creeping slightly higher after losses in the previous few sessions.

Feb. gold climbed $1.90, or 0.2%, to settle at $1,087.10/oz, then climbed above $1090 in electronic dealing when the Federal Reserve released its Beige Book.

The U.S. economy continued to expand at a modest pace despite problems in the energy and manufacturing sectors, Fed districts reported.

Consumers remained in a relatively upbeat mood amid low gas prices.

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