State-level legislative efforts are making gold more practical as a medium of exchange, supporting the 'gold is money' thesis. Learn more about gold here.

But if you're a beginner investor or simply just a beginner in the precious metals space, it helps to know how a gold investment can specifically protect your money, both now and over the long term.

Krinksy saw that as a sign that gold ... the U.S. dollar looks like it’s “starting to find its anchor again — and that’s where the real trouble for gold lies,” said Innes.

According to Bank of America, gold has surpassed the euro to become the second largest reserve asset after the US dollar. To be more precise, B of A should have specified that it is the eastern ...

Gold bugs have been waiting for this moment. The precious metal touched $2,000 an ounce on Monday amid a wobbly banking sector, elevated inflation, and expectations of a 25 basis point rate hike ...

In this case, gold (XAU) is traded against the dollar, and the price represents the cost of one (troy) ounce of gold in USD. But there are other foreign exchange markets, such as XAU/EUR for ...

As currencies lose value, it takes more money to buy things. The gold standard is the same idea. We link the value of the currency to an external benchmark of value — not the USD or EUR ...

For this symbol, it’s gold (XAU) trading against the dollar (USD). Other markets, though, trade in different currencies. The best-known labels include XAU/EUR for trading euros and XAU/GBP for ...

gold mining stocks, etc.). Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying ...

The more volatile the world gets, the better gold tends to do. That old investing maxim is especially compelling as trade tensions upend the global economy. For investors wanting to batten down ...

The price of gold has grown consistently throughout history. That said, gold's value can dip from time to time, but over the long term, the value of gold has historically increased. In fact ...

Chinese families are sending money overseas, a sign of worry about the country ... They have bought gold bars small enough to be scattered unobtrusively through carry-on luggage, as well as ...