MW: Gold falls as dollar rises after Senate approves plan
By Moming Zhou
NEW YORK (MarketWatch) -- Gold futures fell Thursday as U.S. Senate's approval of a revised $700 billion bailout plan boosted the dollar, pushing lower dollar-denominated gold prices. Gold for December delivery fell $12.70, or 1.4%, to $874.60 an ounce in early electronic trading. The dollar index , which tracks the value of the greenback against other major currencies, rose 0.5%.