Gold Price Sets Another Record in Canada. Here’s Why so Many People Are Buying and Selling Precious Metals

Gold price sets another record in Canada. Here's why so many people are buying and selling precious metals

The price of gold has risen more than 55 per cent over the past year and nearly 120 per cent over five years.

Gold price sets another record in Canada. Here’s why so many people are buying and selling precious metals

The price of gold has risen more than 55 per cent over the past year and nearly 120 per cent over five years.

What is the price of gold in Canada? And more about gold investing - MoneySense

Amidst the gyrations of mega-cap technology stocks and cryptocurrencies over the past year, a stodgy old standby has notched a number of new highs. Gold soared past USD$4,000 per ounce for the first time October 7. It is up 45.7% over the last 12 months in U.S. dollars and more in Canadian dollars. That, together with the fear of a stock-market crash, has prompted a lot of Canadians who never considered owning the precious metal before to wonder…