Gold new trading range $680 - $715

Gold surged from $685 to $715, up $30 during Asian session, and back down to $685 after a stronger-than-expected rise in US consumer price report reignites worries about rates. Dollars rebounded again and EUR, GBP vs USD dropped more than 1% during US morning session.

Gold sees resistance at $720 and sees support at $680, now struggling within this range.