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Dhanteras Festival This day, the first day of the five-day Diwali celebration combines the Sanskrit words “Dhan,” which means riches, and “teras,” which means 13. It occurs on the 13th day of the Hindu lunar calendar and marks the beginning of the festival. It is considered a day of good fortune in Hindu culture…
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Category: Gold
How to Buy Gold in Canada
How to Buy Physical Gold? Jewelry Jewelry contains high gold content and can open more options to buy Gold. But careful testing is necessary because like coins there is a chance of forgery. There has been heavy alloying used in jewelry with durability and color justification. You should buy jewelry from the Canadian Jewelers Association….
Gold & Diwali: Everything You Need to Know
About Gold & Diwali Diwali had been the most important festival of the Hindu community since 2,500 years ago. It is celebrated all around the world but a high prestige to this festival is provided in India. Hindus celebrate this festival in October and November and perform many rituals. Background According to the Hindu…
Inauguration of Gold Coins in Zimbabwe as a Way to Boost Currency
Inauguration of Gold Coins in Zimbabwe as a Way to Boost Currency Zimbabwe has started selling gold coins to the general population in an effort to contain an inflationary surge that has weakened the nation’s volatile currency. The National Bank of Zimbabwe, the nation’s central bank, announced on Monday and sent 2,000 coins to private…
Bank of Canada raises interest rate
Bank of Canada raises interest rate 100 bps, maintains quantitative tightening. The Bank of Canada raised its overnight rate goal to 2.5%, with the Bank Rate at 2.4% and the deposit rate at 2.5%. The Bank’s quantitative tightening continues (QT). Inflation in Canada is higher and more persistent than the Bank predicted in its…
