Gold Futures Gain as Dollar Falls From Five-Year High

Gold futures gained for the second time in three sessions as the dollar fell from a five-year high, boosting demand for the metal as an alternative investment.

The dollar lost as much as 0.2 against a basket of 10 currencies after touching the highest since March 2009. Bullion slid earlier after a government report showed the U.S. economy expanded more than expected, damping demand for the metal as a store of value.