Gold Dives to Four-Week Low as Investors Take Profits

Now watching

Next video starts in : 7 Play

Gold Dives to Four-Week Low as Investors Take Profits

Gold Dives to Four-Week Low as Investors Take Profits
Replay video
Up next

Oklahoma Governor's daughter forced to move trailer from state mansion

Unlock your personal NFL Now stream by signing in to NFL.com

Gold Dives to Four-Week Low as Investors Take Profits

by TheStreet.com Videos 1:58 mins

Gold futures dive to a four-week low as investors continue to take profits off the 2014 surge. Kitco.com senior analyst Jim Wyckoff tells TheStreet's Joe Deaux that market sentiment is for the yellow metal to move sideways to lower over the near term. Chinese manufacturing data slowed overnight, suggesting that there is less demand for commodities, and therefore hitting the gold price. Wyckoff also says the Russia-Ukraine crisis remains on the market's radar for now.

View Comments (1)