Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
The Federal Reserve's Beige Book, which contains an assessment of economic conditions from the 12 Federal Reserve districts through August 24, reported that regional business contacts experienced continued economic growth into the third quarter.
Activity expanded across "most" districts, a slight downgrade from the breadth of growth reported in the July Beige Book. Six districts saw "moderate" growth, five reported "modest" growth, and one described growth as "slight." These qualitative assessments reflect a more balanced pace of growth compared with the prior reporting period.
Residential real estate and manufacturing earned the most positive reviews through late August, although growth was seen across most industries. Goods producing sectors in three districts noted lower demand from the slowdown in Chinese growth; however, the overall business outlook remained broadly positive. On balance, the September Beige Book suggests that the solid rebound in economic growth seen in Q2 continued through the summer, but at a more moderate pace than in recent months.
