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Gold prices: News and forecast August 2019

  As a “near-term” safe haven, gold prices have sky-rocketed to make even further gains within the past couple of months. Coming in at $1910.40 CAD per ounce, gold hit an all-time high early August 2019. The recent rally is due to investors jumping into gold due to a rise in global uncertainty. With the

Investing in Diamonds vs. Gold

Are diamonds a good investment compared to gold? Both diamonds and gold are luxuries that have been symbols of status and wealth in many cultures for thousands of years. While gold and diamonds have both been considered good assets, which one is the better investment? Diamonds as an investment The beauty of the diamond is

Investing in Gold vs. Silver

An advantage of buying either gold or silver bars/coins is that you would own an asset that can increase in value as time goes on. Additionally, you would own an asset that can be stored outside the financial system, which reduces the default risk that companies carry. Default risk is the risk that the other

Checking your jewellery at home

  Checking to see if what you have is either gold, silver, platinum and/or diamonds: Looking around the house to scrounge up some old jewellery that you might or might not know what they are exactly? Fear not! There are some tactics that you can perform right at home to get a better sense of

‘Tis the season…

Click on image to zoom in Tis’ the season for giving! Christmas is fast approaching and what better way to celebrate then to give back to the community that we live in. We are proud to introduce our new donation campaign: For every transaction made involving gold, we will donate $2.00 towards Knight’s

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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