Currency Fluctuations and Precious Metals Prices in Canada In the world of precious metals, currency fluctuations play a crucial role in determining the prices of gold and silver in Canada. While precious metals are typically traded in US dollars, Canadians purchase them using the Canadian dollar (CAD). This dynamic creates a relationship between currency movements…
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Category: 24k Gold
Why Chase Bank Doesn’t Sell Gold Bars
Most investors take gold as one of the key assets to diversify their investment portfolio and protect against inflation and economic uncertainties. However, in case you are planning to buy gold bars, you might notice that major financial institutions such as Chase Bank don’t offer them. Let’s explore the reasons why Chase and other similar…
How Technology Is Transforming the Gold-Buying Experience in Canada
Investing is changing every day, and technology is opening up new possibilities for Canadians to buy and interact with one of the oldest assets in the world: Gold. For a new investor to bullion, this keeps you posted on what takes place in the technological advancement to secure your purchase and effectively make better decisions….
Why Bank of America Doesn’t Sell Gold Bars
For decades, investing in Gold and other precious metals has been one of the more popular ways for investors to diversify their portfolios. Precious metals have always been revered as wealth protection assets as they are hedges against inflation and economic uncertainty. While it is a popular investment choice many wonder why the likes of…
Why Wars Cause Gold Prices to Surge
In the world of global finance, gold has always been regarded as being a being a safe-haven asset. This is particularly evident during periods of geopolitical instability, such as wars, when gold prices often experience significant surges. In recent cases, like the Isreal and Iran war or the Russia and Ukraine war, we have seen…