Hi,
With what is continually developing across the world, it bears mentioning that the World Gold Council (WGC) has recently reported that central banks have again added 59 tonnes of gold in June totalling roughly 270 tonnes on the year. This of course, only being what gets reported to the WGC, general consensus being the unreported…
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Category: Silver
Buying Gold and Silver Bullion in Mississauga
Buying Gold and Silver Bullion in Mississauga, Ontario The lovely city of Mississauga, located just outside of Toronto, is a fantastic place to live. Mississauga is Canada’s 6th largest city, with a population of approximately 730k citizens. This buzzing city is known for their historical villages, incredible recreational parks, and great arts. Mississauga is…
Bank of Canada Increases Rates to Fight Inflation
Bank of Canada Increases Rates! In recent years, inflation has been a severe issue in countries around the world. With several global, international, and national factors coming into play, many countries have faced some of the highest inflation rates in years. Here in Canada, prices have skyrocketed as well. The Central Bank of Canada…
Why Indian people purchase gold on Dhanteras festival
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…
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…
