February gold futures plunged $4.00 to end at $438.20 an ounce, after hovering between $444.40 and $437, at the COMEX division of New York Mercantile Exchange.
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Gold Plunged, Fully Depending On Dollar Behaviour
Gold futures ended lower on Thursday, as the US dollar rallied
Gold futures ended lower on Thursday, as the US dollar rallied on report that the third-quarter U.S. current account deficit was narrower that expected.
Gold tumbled in light trading but stayed within its broad $435-$445 range, as the dollar climbed across the board.
February gold futures plunged $4.00 to end at $438.20 an ounce, after hovering between $444.40 and $437, at the COMEX division of New York Mercantile Exchange.
February gold futures plunged $4.00 to end at $438.20 an ounce, after hovering between $444.40 and $437, at the COMEX division of New York Mercantile Exchange.
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