Gold, one of the world’s oldest stores of value, is capturing headlines again in 2026 with prices climbing to unprecedented levels. For the first time ever, spot gold has surged above US $4,800 per ounce, driven by rising safe-haven demand and global geopolitical uncertainty. The moves mark the continuation of a historic run — gold has rallied
After a challenging period, the outlook for the Canadian dollar (CAD) is beginning to improve. Recent analysis from major financial institutions and market observers suggests that while the loonie faced pressure through much of last year, the conditions are gradually lining up for a more stable — and potentially stronger — currency environment in 2026. Much of
As 2025 draws to a close, the precious metals market is finishing with one of the most dramatic rallies in decades — and it’s grabbing attention from investors around the world. Gold prices have surged past $4,500 per ounce, reaching levels never seen before and marking one of the strongest annual gains in history. Silver, meanwhile,
ecent data suggest that Canada’s economy is slowly regaining its footing — and this, in turn, is influencing the path of the Canadian dollar. Here’s a breakdown of where things stand and where markets (and everyday Canadians) might be headed. A Mixed but Stabilizing GDP Picture After a sharp drop in the second quarter of
November has been an eventful month for Canada’s economy, with a new federal budget from Prime Minister Mark Carney and another interest rate cut by the Bank of Canada. Both moves are aimed at stimulating growth, but they’ve also raised questions about whether the country is striking the right balance between spending and stability. Carney’s first budget includes
A Sharp Bounce After the Dip Gold has pulled back up after a recent slide—spot prices rebounded to around US$3,989 per ounce as safe-haven demand kicked in following a bout of global equity weakness. The rebound follows a drop of nearly 2% the prior session, during which gold hit its lowest since late October. Why the Fluctuation? There
The Bank of Canada (BoC) delivered another quarter-point rate cut this week, lowering its key interest rate to 2.25%. But while the move offers some relief for borrowers, the central bank signaled that this could be the last cut for a while. A Balancing Act Between Growth and Inflation The BoC’s decision comes as Canada’s economy continues to struggle with weak
Yesterday’s inflation report showed Canadian CPI rising 2.4% year-over-year, slightly above market expectations of 2.2%, and just above CIBC’s forecast of 2.3%. While the number came in a bit hotter than expected, it wasn’t enough to completely derail expectations for further rate cuts by the Bank of Canada (BoC). Market Reaction The higher inflation reading weighed on the Canadian stock
The Canadian dollar slid to its weakest level in nearly two weeks on Tuesday, weighed down by widening Canada-U.S. interest rate spreads and signals from the Bank of Canada that it remains focused on supporting the domestic economy. The loonie traded 0.2% lower at 1.3840 against the U.S. dollar, or about 72.25 cents U.S., after
The Bank of Canada has lowered its key interest rate by 25 basis points to 2.5 per cent, a move that comes as trade tensions and global uncertainty continue to weigh on Canada’s economy. The rate cut was widely expected after new inflation data showed consumer prices rising 1.9 per cent in August compared to