Gold falls to one-month low as stronger greenback weakens demand for commodities

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Source: Bloomberg
Gold fell for a third day toward the lowest level in a month as a stronger greenback weakened demand for commodities. Spot gold dropped as much as 0.4% to $1,687.15 an ounce, and traded at $1,690.88 at 3:34 p.m. Singapore time. The precious metal declined to $1,684.93 a day earlier, the lowest since November 6, as the U.S. Dollar rose on speculation U.S. lawmakers will reach an agreement on the U.S. budget. 
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