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 Slips on U.S. Dollar Rally

A stronger U.S. dollar at the start of the Fed's Federal Open Markets Committee meeting sent gold modestly lower in Tuesday trading.

Gold Dips Ahead of FOMC Start

With investors awaiting hints of tapering the Fed's bond-buying, gold moved lower on Monday ahead of the start of the FOMC meeting this week.

Gold Posts Weekly Gain of Nearly 3%

Gold inched higher in Friday trading on lowered consumer confidence this month, posting an almost 3% rise for the week.

Weak U.S. Dollar, Stronger China Send Gold Higher

Stronger Chinese manufacturing and continued weakness in the U.S. dollar boosted gold above $1,350 an ounce in Thursday trading.

Gold Slips on Profit-Taking

After rising sharply the day before, gold fell back modestly in Wednesday trading as investors took profits.

Gold Jumps on Weak Jobs Report

A report from the Labor Department showing lower-than-anticipated job growth in September sent gold higher in Tuesday trading.

Gold Inches Higher Ahead of Jobs Report

Gold moved fractionally higher in Monday trading as investors awaited Tuesday's release of the government shutdown-delayed jobs report for September.

Gold Posts Weekly Gain of Nearly 4%

Profit-taking after yesterday's big gain sent gold lower in Friday trading, but the metal still gained 3.7% for the week.

Gold Surges on Debt Ceiling Deal

A deal to extend the U.S. debt ceiling and end the government shutdown sent gold up sharply on Thursday as the U.S. dollar fell.

Gold Gains as Debt Ceiling Deadline Looms

Gold rose modestly in Wednesday trading as talks between Democrats and Republicans to raise the debt ceiling continued ahead of the Treasury's deadline.

Gold Dips as Optimism Rises for Debt Ceiling Deal

Rising investor confidence sent gold lower on Tuesday, as lawmakers in Washington move toward a deal to avert a U.S. default and reopen the government.

Gold Gains Amid Debt Ceiling Anxiety

Gold climbed modestly in Monday trading as lawmakers in Washington continued talks over a possible deal to extend the U.S. debt ceiling.

Gold Slumps as Talks to End Shutdown Continue

Gold dropped in Friday trading even as the White House and congressional Republicans continued to squabble over a possible debt ceiling extension.

Gold Sinks on Possible Debt Ceiling Extension

A proposal to temporarily increase the U.S. debt ceiling and extend time for budget talks sent gold lower in Thursday trading as the U.S. dollar gained.

Gold Drops as Yellen Nod Boosts U.S. Dollar

The U.S. dollar gained on Janet Yellen's nomination as chairwoman of the U.S. Federal Reserve, pushing gold lower in Wednesday trading.

Gold in Holding Pattern as Debt Ceiling Fight Looms

Despite the deepening standoff in Washington, D.C., gold was mostly flat in Tuesday trading as investors took a wait-and-see approach to the crisis.

Gold Climbs on Debt Ceiling Fears

Gold rose in Monday trading on growing concerns that a political deal to raise the U.S. debt ceiling might not by reached by Oct. 17.

Gold Posts Weekly Loss of More Than 2%

Despite the continuing U.S. government shutdown and looming debt ceiling fight in Congress, gold fell in Friday trading and ended the week off more than 2%.

Gold Slips Despite Continuing Government Shutdown

After a jump on Wednesday, Gold dipped slightly in Thursday trading on the third day of the U.S. government shutdown.