Gold's loss of luster in 2013 solidified Tuesday as the precious metal settled 28 percent lower for the year at $1,202.30 an ounce, its worst annual fall since 1981, after investors spent 2013 moving their money into equities. And 2014 is not shaping up to be a landmark year for the metal, according to market watchers. "It's going down further," Nick Hungerford, chief executive and founder of investment management company Nutmeg, told CNBC Tuesday.