Gold fell more than 1 per cent yesterday, breaking below chart support at $1,150 an ounce, as the dollar hit a four-year high against a currency basket after upbeat US retail sales data.
Spot gold hit a session low of $1,146.64 after the report and was down 1pc at $1,149.95 an ounce at 1402 GMT. US gold futures for December delivery were down $12.50 an ounce at $1,149.00.
