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On Wednesday (October 13), the dollar index (94.0129, 0.0000, 0.00%) fell 0.51% to 94.04, the largest decline in nearly two months. The minutes of the Fed meeting showed that officials generally agreed to reduce the scale of asset purchases in mid November or mid December. The price of gold futures closed up 2%, the highest closing price in more than a month. After the CPI report of the United States was released in September, the yield of the US dollar and US bonds weakened, pushing the price of gold higher.
