Hi,
In the last few months, you would have come across multiple news articles and reports about the central banks buying large quantities of gold. In this article, we will discuss the reason for this sudden gold rush among central banks. Let’s get started! The history of gold holding by central banks Today, central banks…
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Category: Gold Price Canada
What is The Best Way To Invest in Gold?
Gold is one of the oldest investment instruments and currencies. Gold has historically increased in value and continues to do is even in the modern financial market. There are multiple ways of investing in gold. Today, we’ll talk about the best ways to invest in gold and protect your wealth. Best ways to invest…
The History of Gold Prices: Gold Price Over The Past Decade
Gold has remained one of the most popular and trusted precious metals in the world. One of the biggest reasons for this is the remarkable stability that gold offers. The best thing about gold is that it is not highly correlated with stock market prices. So, when the stock market crashes, the value of…
The U.S. Dollar: Last Line of Defence for Fiat Currencies
The last 14 days have been complete chaos within all financial markets coming off the heels of extremely hawkish comments by Federal Reserve Chair Jerome Powell. Since the FOMC meeting in early November where Powell stated that the Federal Reserve was nowhere close to stopping inflation – stocks, bonds, crypto, and commodities have begun to…
The Secret Reason Central Banks Buy Gold
There are a variety of reasons why central banks buy gold. Some central banks view gold as to hedge against economic and geopolitical risks. Gold is also seen as a store of value that can be used in times of economic or financial uncertainty. Additionally, central banks may use gold to support their domestic…
