markets

Could a CBDC (Central Bank Digital Currency) from the Bank of Canada be on the Horizon? What just happened on December 13, 2023? In filings submitted on December 13 and December 19, the Bank of Canada claimed ownership of terms such as "digital dollar," "digital Canadian dollar," and "central bank digital currency" in both official […]

How the USD/CAD exchange rate effects the price of Gold in Canada? Note - If you want the quick answer/summary, scroll down to the text below that reads **** Here is the important bit to read ***** As Canadians who love investing in precious metals, we have to contend with three forces that drive the […]

Is gold better than cash during inflation? Gold, the glistening metal that has captured human imagination for millennia, is more than just a shiny object or adornment. It has often played the role of an investment, a currency, and a hedge. But does it really rise during inflation? Let's dig in. Troy.ca (a division of […]

How do you find the "Gold Price Canada"? To find the current gold price Canada, you can use various reliable sources, both online and offline. Here are some common methods: Financial News Websites: Many financial news websites provide real-time updates on the current gold price in Canada. You can visit reputable websites like Bloomberg, CNBC, […]

Know what the Tax Implications of Buying Gold in Canada are? Important note from 401Gold Inc. It's always advisable to consult with a tax professional or accountant who is knowledgeable about Canadian tax laws to understand the specific tax implications of buying gold based on your individual circumstances. They can provide personalized advice based on […]

Gold vs Crypto Currencies? A Comprehensive Investment Comparison Introduction What is better gold or cryptocurrency? What is better gold or cryptocurrency? Can crypto replace gold? In this article, we delve into the fascinating realm of investments, specifically comparing the age-old traditional haven of gold with the contemporary allure of cryptocurrencies. Gold vs Crypto and Crypto vs […]

Platinum, a precious metal known for its various industrial applications, has a close relationship with the automotive industry. As one of the key components in catalytic converters, platinum plays a crucial role in reducing emissions from vehicles. In this article, we will explore the connection between platinum prices and auto production, shedding light on the […]

How much gold can you sell without reporting in Canada (price of gold in Canada) Selling your gold in Canada is ordinarily a harmless activity, a part of the many commercial and transactional activities that, contribute to the economy of this country. But inasmuch as it is a harmless activity, there are certain regulations that […]