Gold prices dropped to their lowest in over 10 months on Thursday, with the dollar surging after the United States raised interest rates for the first time in a year and signalled further hikes for 2017. 
Spot gold had edged down 0.2% to $1,143.70, after earlier touching its weakest level since Feb. 3 at 1,134.71. 
US gold futures declined 1.7% to $1,143.70 per ounce. They earlier marked their lowest since Feb. 1 at $1,136.40 an ounce. 
The dollar hovered near a 14-year peak against a basket of major currencies on Thursday.

Source: QNA