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 Drops in the Wake of Fed Tapering Decision

Gold and silver pulled back sharply in Thursday trading, a day after the Federal Reserve said it would further reduce its monthly stimulus.

Gold Gains Ahead of Fed Tapering Announcement

Gold futures rose almost 1% in Wednesday trading prior to an announcement by the Federal Reserve that it will further taper its monthly bond-buying.

Gold Sinks on Stronger U.S. Consumer Confidence

Gold fell back in Tuesday trading after the Conference Board's consumer confidence index rose more than expected in January.

Gold Slips Ahead of FOMC Meeting

Gold notched a fractional decline in Monday trading ahead of the start of this week's Federal Open Markets Committee meeting.

Gold Edges Higher as Equities Continue to Slide

Gold added to Thursday's gains, rising slightly in Friday trading as U.S. stock markets dropped sharply for a second straight day.

Gold Jumps as Equities, U.S. Dollar Slump

Gold rose strongly in Thursday trading as investors sought safety as equities markets fell and the U.S. dollar slid against rival currencies.

Gold Slips on Bearish Forecast

Gold fell slightly in Wednesday trading after Morgan Stanley cuts its price outlook for the metal over the next two years.

Fed Tapering Speculation Sends Gold Lower

A report that the U.S. Federal Reserve could further cut back its monthly bond-buying soon sent gold down in Tuesday trading.

Gold Gains on Fed Stimulus Comments

Remarks by a Federal Reserve bank president suggested that the Fed might hold off on any further stimulus tapering, sending gold up on Friday.

Gold Inches Higher on Weaker U.S. Dollar, Equities

Gold gained slightly in Thursday trading as the U.S. dollar softened against other currencies and equities markets cooled.

Gold Falls on Positive U.S. Factory Report

Gold fell for a second straight session under pressure from a report showing improving U.S. manufacturing.

Gold Falls on Better December Retail Sales

Better-than-expected U.S. retail sales in December sent gold modestly lower in Tuesday trading.

Gold Gains for Third Consecutive Session

Gold notched its third rise in three straight sessions on Monday, posting a modest increase. Mining stocks mostly improved as well.

Gold Jumps on Surprisingly Weak December Jobs Report

Gold posted a sharp gain on Friday after the government said the U.S. economy created far fewer new jobs in December than expected.

Gold Inches Up Ahead of December Jobs Report

Gold snapped a three-session losing streak on Thursday, posting a slight gain as investors looked ahead to Friday's release of the jobs report for December.

Gold Slips on Better U.S. Jobs Data

Gold slipped in Wednesday trading after a report showed higher-than-expected U.S. job growth in December.

Gold Drops as Lower Trade Deficit Boosts U.S. Dollar

Gold slid in Tuesday trading after the government said November's U.S. trade deficit was lower than expected, pushing the U.S. dollar higher.

Gold Recovers After Surprise Drop, Ends Slightly Lower

Gold suffered a sharp, unexplained drop in Monday trading, but recovered lost ground to end the day with only a slight loss.

Gold Posts 2% Weekly Gain to Start the New Year

Gold rose for a second consecutive session to end the week up 2%, in a strong showing to start off the new year.