Mubasher: Gold dropped at Thursday’s end, recording highest loss in three years.

Comex December gold fell $34.9, or 2.2%, to settle at $1,525.5 per ounce.

By 06:33 pm GMT, the US dollar index (DXY), which measures the US currency against a basket of six major currencies, inched down by 0.05% to 98.40.