Commodity prices mostly fall as dollar adds to strength after rally Friday; oil, gold fall

Commodity prices fall as dollar extends gains

NEW YORK —Commodity prices have mostly fallen for a second day as a stronger dollar weighs on prices.

Gold and oil are lower Monday. Commodities are priced in dollars, so when the currency increases in value commodities become more expensive and less attractive for foreign buyers.

The dollar’s latest gains follow a jump Friday that came when the government reported that employers slashed fewer jobs last month and that the nation’s unemployment rate fell for the first time in 15 months.