Gold sinks to levels not seen since 2010 as BOJ rallies dollar

Gold took a hard fall on Friday, at one point trading at levels not seen since 2010, as the dollar surged in the wake of a surprise stimulus move from the Bank of Japan.

Gold for December delivery GCZ4, -2.09%  slumped $27, or 2.3%, to settle at $1,171.60 an ounce, closing out the week 5.3% lower. The precious metal shed 3.7% in October and is down 3.3% for the year to date. December silver SIZ4, -1.52%  gave up 31 cents to $16.11 an ounce.