houbysoft's answer above is correct, but the OP needs a little more detail.
The basic idea is that you need the "Command Line Tools" environment installed. But the name for that environment, and how you install it, has changed multiple times over the years. So, houbysoft's steps work for 4.3.3, but not for 3.2.6.
In the 3.2 era, the tools were called "UNIX Development". And, rather than being downloaded and installed from within Xcode, they came as part of the Xcode mpkg and were installed as part of the initial Xcode install. In most versions, there was a checkbox named "UNIX Development", usually checked by default, but in some versions it was a separate step. Looking at the "Xcode 3.2.6 and IOS SDK 4.3" disk image currently available from Apple, it's a checkbox. Anyway, that's the only officially-supported way to get them, but lots of other ways work… Here are your options:
- Throw away Xcode 3.2.6 (just trash the whole /Developer) and install 4.3.3, then follow houbysoft's steps to get the Command Line Tools. Unless there's a good reason you can't use 4.3, this is almost certainly the best answer.
- Throw away Xcode 3.2.6 and reinstall it, and this time make sure the "UNIX Development" checkbox is on.
- Just re-run the 3.2.6 installer, and make sure the "UNIX Development" checkbox is on.
- Log into developer.apple.com and look through the downloads for a package named "UNIX Development Tools", "Developer Tools CLI", "CLI Developer Environment", "Command Line Tools", or similar that corresponds to 3.2.6. There is such a package for most, but not all, versions of Xcode, and can be used to set up a command-line build environment either with or without Xcode.
- Look at the invisible packages on the Xcode disk image. I don't remember whether you need just DeveloperToolsCLI.pkg, or that plus a few others, but a bit of trial and error or googling should get you there.