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.

Trade of the Day: Silver Standard Resources

Whenever a silver correction like this has happened before in the last few years, SSRI has lifted substantially within a matter of weeks.

Gold and Silver Report – NovaGold Resources Gains as Gold Prices Rise

Gold prices rose fractionally in Tuesday trading for the second consecutive session. NovaGold Resources added more than 2% during the day.

Gold and Silver Report: NEM Stock Sinks as Gold Prices Edge Higher

Gold prices gained 40 cents in Monday trading, the metal's first gain in three sessions. NEM stock fell harder than other miners, closing down almost 3%.

Gold and Silver Report: ABX, SSRI Sink as Gold Prices Retreat

Two positive reports on the U.S. economy sent gold and silver prices down Thursday. Miners also fell lower, but ABX and SSRI dropped harder than most.

Gold and Silver Report: AUY Surges as Gold Prices Top $1,300

Gold prices continue to straddle the $1,300 mark, finishing above them Wednesday. Meanwhile, miners mostly rose, and AUY was among the biggest winners.

Gold and Silver Report: EGO Stock Sinks as Gold Prices Fade

Gold prices moved fractionally lower in Tuesday trading on a lack of action in Ukraine. EGO stock declined more sharply than other miners.

Gold and Silver Report: NG Stock Surges, SSRI Drops as Gold Prices Gain

Gold prices rose for the first session in five days. NG stock climbed, while SSRI fell sharply again after Friday's weak first-quarter earnings report.

Gold and Silver Report: NG Stock, SSRI Plunge as Gold Prices Slip

Gold prices edged lower, ending the week down 1.2%. Among miners, NG stock and SSRI fell sharply in Friday trading.

Gold and Silver Report: Gold Dips, CDE Stock Slides

Gold prices slipped slightly in Thursday trading on diminished safe haven appeal. CDE stock sank after the silver miner missed quarterly revenue forecasts.

Gold and Silver Report: Gold Prices Fall, NovaGold and EGO Stock Drop

Gold prices fell sharply in Wednesday trading after Janet Yellen said the U.S. economy would improve. NovaGold and EGO stock tumbled during the day.

Gold and Silver Report: Gold Prices Slip, AEM Stock Gains

Gold prices edged lower on strong U.S. trade data. AEM stock rose after Raymond James boosted its price target for the mining company's shares.

Gold and Silver Report: Ukraine Violence Pushes Gold Prices Higher

Gold prices climbed in Monday trading as fresh clashes between government forces and separatists signaled a violent escalation in Ukraine.

Gold and Silver Report: Gold Prices Jump on Ukraine, AEM Stock Soars

Gold prices rose sharply on Friday amid fresh violence in Ukraine. AEM stock jumped after the miner posted quarterly profit and revenue that beat estimates.

Gold and Silver Report: Gold Prices Drop, ABX Sinks on Lower Earnings

Gold slid in Thursday trading on stronger U.S. economic data. Barrick Gold posted sharply lower profits, sending ABX stock lower during the day.

Gold and Silver Report: AUY Slips on Weaker-Than-Expected Q1 Earnings

Gold sank slightly in Wednesday trading after the Federal Reserve tapered its monthly stimulus by another $10 billion. AUY stock fell on lower earnings.

Gold and Silver Report: Gold Prices Edge Lower Ahead of FOMC Meeting

Gold prices sank slightly in Tuesday trading, remaining below $1,300 an ounce, as the Federal Reserve began its Federal Open Markets Committee meeting.

Gold and Silver Report: NEM Stock Drops as ABX Merger Talks End

Gold inched lower in Monday trading, falling below $1,300 an ounce. NEM stock and ABX shares fell sharply after the two miners ended their merger talks.

Gold and Silver Report: Gold Rises Again, NEM Stock Climbs on Beat

Gold rose modestly, buoyed by increasing tensions between Russia and the U.S. over Ukraine. In mining news, NEM stock gained after an earnings beat.

Gold and Silver Report: AUY Sinks After GG Drops Hostile Osisko Bid

Gold rose for a second session on increasing tensions in Ukraine. AUY shares fell after GG abandoned its hostile bid for Osisko Mining.