Gold Plunged, Fully Depending On Dollar Behaviour

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.