Gold Falls for Third Day on Stronger Dollar, Lower Commodities

Gold declined for a third day in New York as a stronger dollar curbed demand for the precious metal, some investors sold bullion after its rally last week and other commodities fell.

The dollar climbed to a six-week high against the euro before data forecast to show the U.S. housing market slowed and a report tomorrow that may show German business confidence fell. Gold, which is trading 3.7 percent below a record, usually moves inversely to the U.S. currency. Oil prices and other metals slipped.