Gold futures settle at a more than two-week low
SAN FRANCISCO (MarketWatch) -- Gold futures on Tuesday settled at their lowest level in more than two weeks, stretching their losses to a third consecutive session. "Gold is having trouble sustaining rallies above $1,325," said Jason Rotman, president of Lido Isle Advisors. "We believe both gold and silver will likely head higher from here, however, as they both have been beaten down quite a bit over the past 2 years." August gold (CNS:GCQ4) fell 50 cents to settle at $1,316.50 an ounce on Comex. Tracking the most-active contracts, prices closed at their lowest level since June 20.