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Gold mining in Ontario

You may not know this but Ontario is rich with gold! Ontario lies on the Precambrian shield, which is one of the world’s richest areas in mineral ores. The largest and one of the best known mines is located in Sudbury where you can find anything from gold, silver, platinum, copper and nickel. Since gold

Pawn Shops- A Brief History

Definition of a Pawnbroker: a person/business who lends money in exchange for objects used as collateral, which would be returned after an agreed amount is paid back. Pawnbroking has come to be known as the world’s second-oldest profession. Chinese records show that the practice of securing loans on property date back all the way to

What determines gold prices

Gold is usually considered by investors according to its three functions - as a direct investment (in order to benefit from the increase of its price), as a hedge (insurance in case of decrease of another asset’s value) and as a safe haven commodity (insurance in case of catastrophe). And the last function tends to be

Trump-Kim Summit influencing gold market

The world watched on Tuesday as an unprecedented meeting took place between President Trump and North Korean leader Kim Jong Un in Singapore. What seemed unthinkable just months ago came to fruition and will, more likely than not, have a significant impact on the global economy within the weeks to come. What you (as our

Gold Forecast: Spring 2018

Gold prices are predicted to rise further amid the idea of an impending trade war between the U.S and China. The new trade tariffs imposed on China by President Trump, coupled with the recent air strikes by the U.S, France and the U.K against Syria, has gold at $1347.30 USD as of April 16th. A

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DIAMOND FLUORESCENCE

Often we look at diamond appraisals and see what is called “fluorescence”. Many people are confused as to what fluorescence means and how it affects a diamond’s value. Fluorescence is a soft-coloured glow that usually emits from diamonds when it is subjected for ultraviolet light. The fluorescent glow is mostly blue, and it has the

Indian Wedding Season Affects Gold Prices

The reason gold is so valued and loved is because it has been used to preserve wealth through many civilizations for as far as civilization has existed. Not only is it used to secure riches, it is also used to protect against war, theft, economic collapse and inflation. With so much talk about gold prices,

2018 Gold Forecast

In the past few months, we saw a decline in gold prices. Gold was especially low since November 27, 2017. The good news is on December 6th 2017, gold is now stabilized again. With that being said, the gold forecast for 2018 also looks promising. As the Federal Reserve tightens monetary policy and the European

Why Gold Is Attractive To The Eye

As far as we can remember humanity and its history, gold has always been in the picture and even played a big role in many different areas of life. The question remains; why is gold so appealing to the eye? To answer this question, Peter Oakley of Royal College of Arts in the UK, stated

THE PROS OF BUYING FRACTIONAL GOLD

THE PROS OF BUYING FRACTIONAL GOLD Firstly, many people wonder what fractional gold coins actually are. By definition, fractional gold coins are coins that weigh less than a traditional one troy ounce coin. While buying these may have some cons, such as taxes in some states, the pros of buying these coins definitely weigh down

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