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Gold CAD: $3,207.50
Silver CAD: $39.16
Silver CAD: $39.16
Author: Aharon Merkur
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Iran Strikes Isreal | Golden Times
GOLDEN TIMES GOLD SILVER MART CORP. Issue #23 April 14, 2024 FINANCIAL UPDATES GOLD NEWS Gold reached a record high of over $2,410 per ounce last week, driven by strong safe-haven demand despite concerns about potential delays in Federal Reserve interest rate cuts. Traders reacted to reports of possible tensions in the Middle East, particularly…
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Gold Soars Amidst Middle Eastern Conflict | Golden Times
GOLDEN TIMES GOLD SILVER MART CORP. Issue #22 April 7, 2024 FINANCIAL UPDATES GOLD NEWS Gold surged to a new all-time high as investors sought refuge in the safe-haven asset amid rising tensions in the Middle East on Tuesday. Despite a stronger dollar and diminished expectations for U.S. interest rate cuts, gold attracted considerable interest…
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US inflation 3.2%, down from 3.7% in September | Golden Times
GOLDEN TIMES GOLD SILVER MART CORP. Issue #20 November 17, 2023 FINANCIAL UPDATES GOLD NEWS Gold posted a solid performance, surging beyond $1,980 per ounce on Friday and poised to secure a gain of over 2% for the week. This uptrend was supported by indications of subdued inflation and signs pointing to a deceleration in…
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Crude Futures Hold Above $75 Per Barrel | Golden Times
GOLDEN TIMES GOLD SILVER MART CORP. Issue #19 November 10, 2023 FINANCIAL UPDATES GOLD NEWS Gold had a bit of a tough week, slipping below $1,950 an ounce,marking its second consecutiveweekly dip. The culprits? A stronger dollar and Treasury yields, creating a less-than-ideal environment for the shiny metal. Investors were busy processing signals from US…
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Federal Reserve Holds Interest Rates | Golden Times
GOLDEN TIMES GOLD SILVER MART CORP. Issue #18 November 3, 2023 FINANCIAL UPDATES GOLD NEWS Gold surged past the $2,000 perounce mark on Friday, comingremarkably close to a 5-monthhigh. This was driven by a few keyfactors. First, a weaker dollarmade gold more attractive. Additionally, lower Treasury yields boosted the appeal of the precious metal. These…
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Middle East Unrest & Canadian Gold Price Soars Higher | Golden Times
GOLDEN TIMES GOLD SILVER MART CORP. Issue #17 October 27, 2023 FINANCIAL UPDATES • Bank of Canada decides not to raise interest rates• European Central Bank decides not to raise rates• U.S. GDP grew at a 4.9% annual pace in the third quarter• Personal spending in the United States rose by 0.7% from a month…
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Myth Busters: Gold and Inflation, is there a Correlation?
The long-standing belief that gold and inflation are inseparable companions has been widely accepted. However, upon deeper inspection, we set out on a quest to unveil the intricate truth behind this common perception. While it might seem logical that an increased money supply should boost the value of an asset pursued by that money, this…
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When Gold Walks Silver Runs
Discover why investing in silver can yield significant gains. With our comprehensive guide, understand the historical performance and market trends of gold and silver, and learn how to leverage the gold-to-silver ratio for maximizing your returns. Invest wisely with Gold Silver Mart Corp.
