The Dow is up 114 as traders buy on hopes interest rates won't rise quickly. Gold is off for a 4th straight day and may have more to drop.
The metal is in danger of giving up all its gains since its mid-April low. Some talk has gold falling to $1,250 an ounce.
Gold in particular may be at a tipping point: It could either stage a rally or sink into further declines.
Gold has fallen more than 20% since the summer of 2011, as worries about domestic economic problems ease and fears of a government default dissipate.
It's gold's fifth straight decline, as precious metals and crude oil take a dive. Worries the Fed may end its policy of low-interest rates and a rising dollar are 2 reasons for the slump. Stocks tumble as well.
2013 will be a good year for stocks, and particularly strong for gold and silver.
Precious metals take a beating after the Fed announces continued stimulus measures.
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These companies won't soar like other plays in the sector, but they make for great income sources.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
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