Over the past week, the seizure of Russian assets held abroad in Europe and the United States have been the main topic of discussion pertaining to the global financial system. These discussions, however, have not necessarily been fruitful as you are seeing a divide in how the nearly 300 billion Euros of frozen Russian assets…
Blog
Category: Gold Price Canada
The Impact of Currency Fluctuations on Gold and Silver Prices in Canada
In the ever-fluctuating world of precious metals, currency fluctuations play a massive role in setting the price and determining the value of gold and silver bullion prices in Canada. Precious metals are normally traded in the US dollar, however, as Canadians, we are purchasing precious metals using the Canadian dollar. So let’s delve deeper into…
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…
Inflation Higher for Longer
Leading up to the FOMC meetings on Wednesday, May 1st, 2024 – both silver and gold had seemingly been shot out of a cannon to start the year, especially at the beginning of March as we began to see inflation tick higher once again. Due to this fear that purchasing power was going to continue…
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….