WED 30 SEPMorning3:52 PM

Back to the brief

USCBS News

Is now a good time to buy gold for retirement? How gold prices can affect a 401(k) rollover decision

Photo: Getty Images

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.

Whether the current gold price makes sense for a retirement portfolio depends on more than where the metal trades today. Before initiating a rollover, it can help to consider how the price environment fits into a broader retirement strategy.

Gold's decline from its January high means investors rolling over 401(k) funds today would be buying at a substantially lower price than those who purchased near the peak. But a lower price doesn't necessarily mean gold is cheap — or that it can't fall further.

Read the original report

Opens CBS News in a new tab

USThe Guardian

In-laws charged with murder of New York Times games engineer in California

Shili Chen and Shouyong Zhang, both 77, charged days before Jonathan McKinsey and wife were set for hearing in divorce case A California couple have been charged with murder after authorities say they shot their son-in-law to death Saturday in a public park, days before he and the couple’s daughter were set for a hearing in a bitter divorce case. Shili Chen and Shouyong Zhang, both 77, were due in court Wednesday for an arraignment on the charges. The Associated Press was not able to reach an attorney for the couple prior to the court appearance. Their…

USThe Guardian

Trump DoJ indicts 10 individuals on noncitizen voting related charges in Minnesota

The charges are senior officials’ latest attempt to heighten voter fraud concerns amid midterm election campaigning The US Department of Justice indicted another 10 individuals on noncitizen voting related charges on Wednesday as Donald Trump ’s administration continues to pursue allegations of voter fraud raised by the president. In the sixth announcement of its kind this month, the attorney general, Todd Blanche, and homeland security secretary, Markwayne Mullin, said 10 people in Minnesota were charged with making false claims about citizenship to…