With Short-Term Interest Rates Expected To Rise, Is Gold A Buy?

Gold prices are down about 11% over the past year, currently trading at 1,168 per ounce. But with the Federal Reserve's quantitative easing program gone and the expectation that short-term interest rates will rise in 2015, what should your strategy be going forward when it comes to gold? Plus, are gold-backed exchange traded funds a more cost effective way to invest in gold? TheStreet's Scott Gamm speaks with Will Rhind, Managing Director, Institutional Investment at The World Gold Council to share analysis on investing in gold amid rising rates, a strong dollar and a rising gross domestic product.