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Gold Investors Sit on Sidelines Through Easter Weekend

Gold on Tuesday posted its worst loss in 2014 and has led analysts to suggest investors stay on the sidelines until Easter passes. ETF Securities U.S. research director Mike McGlone tells TheStreet's Joe Deaux that waiting until next week to jump back into the gold market and the other precious metals is a good idea. Concerning the World Gold Council's report that Chinese gold demand will consolidate in 2014 but grow in the long term, McGlone says investors could have figured this out.