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Analysing whether gold retains its worth as a safe-haven asset is crucial given how unstable and unpredictable the financial markets remain. Investors are seeking a safe-haven assets to safeguard their wealth because of the present market turmoil. But is this really the case? Gold has historically been considered a trustworthy asset in difficult times….
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Category: Gold Price Canada
Review of Gold Price Movements in the First Quarter of 2023
Overview of Gold Price Trends in Q1 of 2023 Gold prices have been on the rise in Q1 of 2023, with investors turning to the precious metal as a safe-haven asset. This trend has been driven by geopolitical tensions, economic uncertainty, and the ongoing pandemic. As 2023 begins, the price of gold has stabilized above…
Gold Optimism Soars Amidst Banking Failures
A couple weeks ago we saw two major banking failures in the United States prompting U.S. government officials and central bankers, as well as those from other countries to get in front of the people of each nation to reassure them the banking system was sound and their savings were safe. Well, not a week…
Mixed Signals for Banks; Public Flocks to Gold & Silver
Previously we touched on the failure of Silicon Valley Bank, as well as First Republic Bank, the 2nd and 3rd largest bank failures in United States history respectively. We also asked the question on whether or not this was a contained situation or if these failures were likely to spread and cause contagion across the…
Why does Gold offer such great investing benefits?
Gold is a port in a storm when there is an economic collapse. In short, the value of Gold remains steady even if the stock market crashes. So, why not invest in something that minimizes damage and gives great benefits? Though as a general rule, the price of Gold goes up. Significantly, investors consider…
