Gold has been a preferred reserve asset since time immemorial. The yellow metal has impressed people with its durability, scarcity, and stable demand for ages. These attributes continue to make gold an attractive investment option even in this age of digital assets. In the light of volatile stock markets and geopolitical uncertainty, many investors…
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Category: Gold Price Canada
Is It Still Worthwhile to Invest in Gold Bullion Canada?
Gold is viewed by many investors as reliable during periods of financial and political turmoil. Invest in Gold Bullion Canada for the best premiums and low gold rates. With the last decade’s volatility in the financial markets, it’s no wonder gold caught the eye of many investors looking for a safe haven for their…
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…
Why is Gold loved in Indian Culture?
Gold has undoubtedly been a significant staple in Indian culture for as long as we can remember. Since the discovery of gold, it has been integrated into our society in a variety of forms however, gold has significant importance in Indian culture. As a matter of fact, India is the world’s largest gold consumer…