Gold prices are little changed Tuesday as the market prices in the latest developments in Crimea and the Federal Reserve. GMG Defensive Beta Fund co-portfolio manager Oliver Pursche tells TheStreet's Joe Deaux that it's hard to determine if the Fed could become even more hawkish. Pursche says gold has become a favorite trading vehicle, and he cautions investors looking for a short-term profit. Pursche says opportunity may sit with trading the precious metals complex, including platinum.

More from Video

Video: This One Mathematical Concept Can Make You a Millionaire

Video: This One Mathematical Concept Can Make You a Millionaire

AAP Exclusive: Nvidia is Tied to Crypto and That's Bad

AAP Exclusive: Nvidia is Tied to Crypto and That's Bad

Video: Abercrombie & Fitch Shares Surged 57% So Far This Year

Video: Abercrombie & Fitch Shares Surged 57% So Far This Year

Video: Why It's Key to Invest in Stocks Even If You Have Student Loan Debt

Video: Why It's Key to Invest in Stocks Even If You Have Student Loan Debt

Video: The S&P 500 Is Failing to Make New Highs

Video: The S&P 500 Is Failing to Make New Highs