Precious Metals

Precious metals, most notably gold, silver, and platinum, have always held monumental value in economies, partly because of their grandiose glimmer and partly because of their practical use. These metals are usually seen as safe bets, as they keep their value and are limited in quantity. Today, these metals are traded as commodities, though many investors opt to invest in precious metal funds like Vanguard Precious Metals And Mining Fund Investor Shares (MUTF:VGPMX) and USAA Precious Metals and Minerals Fund (MUTF:USAGX) instead.

Gold Rebounds as U.S. Dollar, Equities Drop

Declines in worldwide equities markets and a falling U.S. dollar helped rally gold in Wednesday trading.

Gold Falls on Bank of Japan Selloff

Gold fell in Tuesday trading as part of a global commodities selloff prompted by the Bank of Japan's decision not to increase economic stimulus efforts.

Gold Edges Higher on Continued Fed Uncertainty

Gold posted a fractional gain in Monday trading as inventor uncertainty over continued Federal Reserve stimulus continued to weigh on the market.

Gold Sinks to Weekly Loss on Better Jobs Data

Gold tumbled in Friday trading after Labor Department released data showing more U.S. job creation than forecast in May, sending equities up sharply.

Gold Climbs as U.S. Dollar Tumbles

Investor anxiety about tomorrow's May non-farm jobs report from the Department of Labor sent the U.S. dollar down sharply and gold up in Thursday trading.

Gold Inches Higher on Weak U.S. Jobs Report

Gold rose marginally in Wednesday trading after a weak report on U.S. hiring in May sent equities and the U.S. dollar lower.

Gold Falls Back on Stronger U.S. Dollar

Gold fell back in Tuesday trading, dropping below $1,400 an ounce as the U.S. dollar rose. Silver and miners fared similarly.

Gold Climbs on Weak U.S. Manufacturing Data

Data showing a decline in U.S. manufacturing sent the U.S. dollar down and gold up in Monday trading.

Gold Posts Second Straight Monthly Loss

Gold fell back in Friday trading confronted by low U.S. inflation and rising consumer confidence, ending May with its second straight monthly decline.

Gold Rises Above $1,400 on Weaker Economic Signals

Gold moved higher in Thursday trading after economic reports showed continued weakness in the U.S. economy, suggesting the Fed will maintain stimulus efforts.

Gold Climbs as U.S. Dollar, Equities Slump

Gold rose in Wednesday trading as the U.S. dollar declined, equities markets sank and Asian demand for bullion grew.

Positive Economic News Sends U.S. Dollar Up, Gold Down

Gold dipped in Tuesday trading as the U.S. dollar surged against other currencies, driven by a series of positive American economic reports.

Gold Jumps as U.S. Dollar, Equities Slip

Gold climbed in Thursday trading as global equities markets declined and the U.S. dollar struggled against other currencies.

Gold Drops on Bernanke Remarks

Gold fell modestly in Wednesday trading after the Federal Reserve chairman said economic stimulus efforts might be reduced if the economy continues to improve.

Gold Sinks Ahead of Bernanke Testimony

Gold dipped in Tuesday trading on the eve of testimony by Federal Reserve Chairman Ben Bernanke before the U.S. Congress Joint Economic Committee.

Gold Climbs as U.S. Dollar, Equities Slide

After a week of losses, gold rose in Monday trading as the U.S. dollar fell and equities markets moved lower.

Gold Drops as U.S. Dollar Rally Continues

Gold fell for the seventh straight session on Friday after better-than-expected economic reports buoyed the U.S. dollar against other currencies.

Gold Dips for Sixth Consecutive Session

Gold traded lower for the sixth straight session on Thursday even as the dollar struggled against other currencies.

Gold Tumbles Below $1,400 an Ounce

A continuing rally in equities, a rising U.S. dollar and no signs of U.S. inflation sent gold down in Wednesday trading, falling below $1,400 an ounce.