LONDON, May 17 (Reuters) - Gold prices extended losses on Friday to fall more than 1 percent, hitting one-month lows, as the dollar rose to its highest since July 2010 against a basket of currencies.
Spot gold was down 1.1 percent at $1,371.20 an ounce at 1240 GMT, while U.S. gold futures for June delivery were down $16.80 an ounce at $1,370.10. (Reporting by Jan Harvey, editing by William Hardy)

