MUMBAI: In continuation of the last four day's fall, gold prices lost another 4 per cent on Friday. COMEX December futures was near $685 an ounce. On MCX, December futures was closer to Rs 11,400 per 10 gm, down nearly Rs 300 from Thursday.���The decline is largely attributable to the extended strength in the dollar while liquidity pressure persists. As traders utilize their profits from positions in gold against the falling global equity markets, the yellow metal is seeing a move closer to strong supports,��� said Harish Gallipeli, research head, Karvy Comtrade.The dollar index ��� a measure of dollar's strength against a basket of major commodities like euro, sterling ��� is trading near two-year highs past 86.65. The index has gained over 14 per cent from its September low of 75.89. The index is holding well after the release of UK third-quarter GDP that showed the economy had contracted by 0.5 per cent. Eurozone and Germany manufacturing indexes also contracted significantly, putting some pressure on the local currency.International prices, in this scenario, can correct further to $675, corresponding to a move towards Rs 11,200 for domestic prices.���While the underlying bullish picture has not altered for the yellow metal considering the uncertainty in the global financial markets, the precious metal could extend its decline further,��� added Gallipeli.According to Debjyoti Chatterjee, AVP-research, Mape Admisi Commodities, ���As important supports are tested in international markets, domestic demand will also play a key role for prices to consolidate in Rs 11,250-11, 800 range.���