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Gold Crashed 30% This Year — Now It's Climbing Again. Should Your TFSA or RRSP Be In It?

  August 12, 2026 If you've only glanced at the gold headlines this week, you've probably seen some version of "gold near two-month high." That's true — spot gold touched an intraday peak of US$4,434.84 an ounce on Tuesday, its best level since June 5, before settling back to around US$4,382. But "two-month high" undersells what's actually happened to gold in 2026, and that fuller story is the part that matters if you're deciding whether to put any of it in a TFSA, RRSP, or FHSA right now. Here's the short version: gold went nearly vertical in January, hit an all-time record, crashed by close to 30% within weeks, spent the spring and early summer languishing near US$4,000, and has spent the last six weeks clawing about 10% of that back. Where it goes from here is genuinely split among the banks that cover it professionally. That's the setup worth understanding before you buy. The wildest year gold has ever had Gold entered 2026 already o...
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Asian Stocks Mixed Amid Volatile Yen After Wall Street Climbs on Inflation Report

 

Global stocks exhibited mixed performance today, with the Japanese yen experiencing fluctuations following the latest U.S. update on inflation. Wall Street’s growing belief in potential relief on interest rates as early as September influenced market dynamics.

Key Points:

  • Yen Volatility: The yen oscillated between gains and losses, losing some ground against the U.S. dollar. Speculation arose that Japanese authorities might have intervened to amplify the impact of milder U.S. inflation data.

  • U.S. Futures: S&P 500 and Dow Jones Industrial Average futures edged 0.1% higher, reflecting optimism about interest rate relief.

  • European Markets: Germany’s DAX rose 0.3%, the CAC 40 in Paris gained 0.8%, and London’s FTSE 100 added 0.4%.

  • Asian Markets:

    • Tokyo’s Nikkei 225 index declined 2.5%.
    • Hong Kong’s Hang Seng index climbed 2.6%.
    • Shanghai Composite index remained nearly unchanged.
    • Australia’s S&P/ASX 200 rose 0.9%.
    • South Korea’s Kospi slipped 1.2%.
    • Taiwan’s Taiex declined 2%.

  • Data Releases: Watch for the U.S. producer price index and inflation readings from Germany, France, and Italy later today.

  • Wall Street: Despite pullbacks for some tech giants, four out of five stocks in the S&P 500 index climbed.



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