RJ and Makay

Although gold has managed modest gains in the past couple days, last week's four-day losing streak was its longest since May. In that time, the yellow metal's price sank to a five-week low.

Meanwhile, the dollar rose to its highest level against the euro since September following reports the economy added jobs for a third straight month. "Investors are selling gold due to a stronger dollar,” says Peter Fertig, the owner of Quantitative Commodity Research Ltd. in Hainburg, Germany.