Gold Falls to Five-Week Low on Stronger Dollar, Recovery Signs

Gold dropped for a fourth day in New York, falling to a five-week low, as signs the U.S. economy is recovering and a stronger dollar curbed investment demand. Other precious metals declined.

The dollar climbed to the highest level since September against the euro before a U.S. report that may show employers added jobs for a third month. A fourth daily drop for gold futures would be the longest losing streak since May. The metal reached a record $1,432.50 an ounce last month.