Gold Falls 1.5% In 2014

MarketWatch Pulse

Gold prices fell 1.4% Wednesday, pulling the metal down 1.5% for 2014 as the metal failed to sustain a rally in its final trading day of the year. Gold for February delivery fell $16.30, or 1.4%, to settle at $1,184.10 an ounce on the New York Mercantile Exchange, 14% off gold's 2014 high of $1,379 an ounce set in March. A year ago, gold's most-active contract settled at $1,202.30 an ounce.

Copyright © 2014 MarketWatch, Inc.

Continue Reading Below