Why Gold Had a Volatile Week and What to Expect Next Week

Gold had quite a volatile week, driven by some weak economic data out of China and rising oil prices. The metal is on track for its third straight week of declines. Daniela Cambone, editor-in-chief of Kitco News, said the Federal Reserve is the main, longer-term factor driving gold prices, with the majority of market participants pricing in a December rate increase from the Federal Reserve. Cambone also talks about why the October 20 European Central Bank meeting is so important for gold prices. TheStreet's Scott Gamm reports from Wall Street.