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 Rises on Eve of U.S. Elections

Gold gained in Monday trading, recovering slightly from last week's sell-off, as the U.S. presidential election loomed over investors.

Gold Retreats on Stronger U.S. Dollar

Gold fell back in Thursday trading as first-time U.S. unemployment claims came in below estimates, sending the U.S. dollar higher.

Gold Rises as U.S. Markets Reopen

Gold moved higher in Wednesday trading as investors grew more optimistic about Europe and U.S. markets reopened after Hurricane Sandy's disruption.

Gold Posts Third Consecutive Weekly Decline

Gold futures slipped Friday after good economic news from the U.S. was overshadowed by global doubts, and gold closed lower for a third straight week.

Gold Advances on Japan and U.K. News

Gold rebounded from Wednesday's seven-week low on optimism that the Bank of Japan will ease monetary policy and better economic news from Britain.

Gold Falls to a Seven-Week Low

Gold fell again on Wednesday, hitting a seven-week low, after the Federal Reserve indicated that it would continue to keep interest rates low.

Gold Futures Hit Six-Week Low as Dollar Rises

Lackluster corporate earnings reports cast a pall, raising worries about the global economy and sending gold down in Tuesday trading.

Gold Rebounds on Lowered Corporate Outlook

Gold advanced in Monday trading as investors sought safety after Caterpiller trimmed its profit outlook for the year, citing a soft economy.

Gold Drops to Six-Week Low on Stronger U.S. Dollar

Gold futures tumbled in Friday trading, hitting a six-week low as squabbling in Europe increased fears of eurozone debt deals, sending the U.S. dollar up.

Gold Drops on Stronger Dollar, Europe Fears

Bickering between France and Germany over European budgets increased worries over the eurozone's debt and sent the U.S. dollar up and gold down Thursday.

Gold Shows Modest Gains on Softer Dollar

Gold posted small gains on Wednesday as investors took advantage of buying opportunities and the U.S. sagged against other currencies.

September Consumer Prices Report Helps Send Gold Higher

Gold prices rose Tuesday as the Consumer Price Index saw no significant hike in U.S. inflation last month, easing concerns the Fed might trim stimulus efforts.

China Stimulus Concerns Send Gold Lower

Gold fell sharply as lower consumer prices in China suggested that the Chinese government might rein in stimulus efforts.

Gold Posts Biggest Weekly Loss Since June

Gold fell on Friday, capping the metal's worst week since July as investors worried that good economic news might constrain Federal Reserve stimulus.

Gold Rises on Better Jobless Data

Gold rose in Thursday trading after the Labor Department announced that first-time claims for unemployment benefits dropped to a four year low last week.

Global Slowdown Worries Keep Gold Flat

Gold and silver futures edged up slightly on Wednesday as economic concerns rose on warnings from Alcoa and Chevron about lower profits.

Gold Drops Again on Global Economic Fears

Gold fell for a third consecutive trading session after the IMF predicted lower growth around the world and China's economy showed signs of a slowdown.

Gold Retreats on Lower U.S. Unemployment

Friday's better-than-expected U.S. jobs report and lower oil prices pushed gold back from yesterday's gains; miners and gold and silver futures also fell.

ECB Comments Send Gold Soaring

Gold soared to an 110month high in Thursday trading after the head of the European Central Bank indicated that it would keep interest rates low.