<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:019edb86-61aa-77ec-ae6d-5296e5ee5d7d,g:02341efe-b86b-4c3c-ba7e-9a4ab4eebf7f-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_ck0000768847_S000009198Member_label_en-US" xlink:label="lab_ck0000768847_S000009198Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Emerging Markets Fund</link:label>
    <link:label id="lab_ck0000768847_S000009198Member_documentation_en-US" xlink:label="lab_ck0000768847_S000009198Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Emerging Markets Fund, S000009198</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_S000009198Member" xlink:href="ck0000768847-20260624.xsd#ck0000768847_S000009198Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0000768847_S000009198Member" xlink:to="lab_ck0000768847_S000009198Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ck0000768847_S000009199Member_label_en-US" xlink:label="lab_ck0000768847_S000009199Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">International Investors Gold Fund</link:label>
    <link:label id="lab_ck0000768847_S000009199Member_documentation_en-US" xlink:label="lab_ck0000768847_S000009199Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">International Investors Gold Fund , S000009199</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ck0000768847_S000009199Member" xlink:href="ck0000768847-20260624.xsd#ck0000768847_S000009199Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ck0000768847_S000009199Member" xlink:to="lab_ck0000768847_S000009199Member" xlink:type="arc" order="1"/>
  </link:labelLink>
</link:linkbase>
