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Gold’s Reign At An End?

After a major correction in the gold market on Tuesday, gold prices dropped by $171.63 (CAD); the most in 7 years! But why did this happen? And will gold recover or continue to drop?

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Gold Analysis – An Opportune Crisis?

The recent Covid-19 pandemic has taken the whole world by surprise and the financial markets are beginning to feel the effects. After closing at a record high of $29,551.42 on February 12th, it opened March 30th at $21,678.22, dropping a staggering 26.6% in just over a little more than a month.

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Mining companies to try and meet rising demand for gold

A phased restart of mining operations is set to begin on July 17th, according to the Ontario-based gold mining company, Harte Gold. After acquiring the funds they needed due to liquidity and Covid-19 related issues, they expect to recall their entire workforce and be fully operational by the end of the month.

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