Although it was up about half a percent on Monday, gold will slip roughly $90 lower than where it sat, a futures expert said.
Gold may struggle to top $1,300 an ounce again as tailwinds from central banks on an easing bent have stalled against the Federal Reserve's resolve.
Mining stocks sold off sharply on Wednesday, with Glencore falling to an all-time nadir, after copper plunged to a five-and-a half-year low.
Gold has extended gains to climb to its highest level since last October as copper has fallen further below $6,000, beyond five-year lows.
We've seen a lot change in eight weeks, says Marcus Grubb, World Gold Council, sharing his thoughts on what's driving gold prices lower. Fundamentals will drive the price from here, says Grubb.
The prices of a range of commodities slid further Monday, dragging down stocks as investors feared more pain ahead for the asset class.
Jake Klein, Executive Chairman at Evolution Mining, discusses how the miner returned to profitability for the financial year despite difficult trading conditions and a slump in gold prices.
Shares of mining giant BHP Billiton closed 4.9 percent lower in London on Tuesday after the group announced plans to spinoff businesses worth around $16 billion.
Matthew McLennan, First Eagle head of global value, discusses opportunities in gold mining.
Jake Klein, Executive Chairman, Evolution Mining, outlines how the miner coped with a 28 percent slump in gold prices last year. He also discusses the importance of cost-saving plans.
Ever wonder what Western Australia was like during the 1890s gold rush? CNBC's Matthew Taylor travels back in time to Kalgoorlie.
Sandfire Resources looks set to return cash to shareholders soon.
The annual gathering of the Australian mining space has issued a cautiously optimistic note as the forum in Kalgoorlie kicked off on Monday.
Karl Simich, Managing Director, Sandfire Resources, says the copper space comprises of large mines that are difficult to take over whereas the gold mining sector has smaller assets that are ripe for picking.
Bill Beament, Managing Director, Northern Star Resources, discusses its decision to purchase two mines from Barrick Gold early this year.
Has gold lost its luster as a safe haven trade? GRZ President and Futures Now contributor Anthony Grisanti, shares his opinions.
CNBC contributor Herb Greenberg of Reality Check shares his best strategies for playing the gold miners ETF.
Prices of copper – the industrial metal used in everything from cars to houses – have declined this week, heading towards a one-month low.
As stocks rise, gold continues to weaken. CNBC's Jackie DeAngelis reports gold has dipped for the third consecutive day hitting a 3-month low.
Mining stocks have fallen out of favor, but just when things could have turned from bad to worse it appears that the sector is the new contrarian play for 2014.