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Diwali, commonly referred as as the festival of lights, is a fortunate significant celebration. Hindus, Jains, and Sikhs all around the world participate in its celebration. The most significant and popular holiday is called Diwali. So much so that 5 days are dedicated to celebrating it. People frequently go shopping for gold on the…
Category: Canadian Gold Coins
Financial Contagion Continues to Spread
Last week a major warning signal came out from the UK pension funds. They alerted financial officials that without immediate monetary intervention the funds would become insolvent, sending a shockwave of epic proportion throughout the entire global market. It has since come out that UK pension funds were mere hours away from total collapse that…
Countries with Largest Gold Reserves
Throughout history, different degrees of gold have been used as a medium of exchange. National governments created paper money that was pegged to the price of gold and served as a legal claim to actual gold for much of the 17th through the 20th century. Gold was used for international commerce. Therefore, for both…
What is Gold Spot Price?
Despite how crucial the spot price is, many people are unclear on what it is and how it affects the price of gold. In fact, a lot of small businesses who purchase gold from private sellers think the spot price equals the cost of the most recent physical transaction or the current cost of…
Zimbabwe tackles rising prices with gold
How Zimbabwe tackles rising prices with gold ! In recent years, many countries worldwide have been seeing drastic inflation rates due to several global, international, and national factors. The pandemic had a significant impact on the world’s economy including unemployment rates soaring, businesses struggling, and much more. With prices rising worldwide, people are struggling…
