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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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Putin's Cautious Approach to Ukraine Peace Talks

Russian President Vladimir Putin has expressed openness to resolving the ongoing conflict in Ukraine through diplomatic means. Kremlin spokesperson Dmitry Peskov emphasized that while Putin is willing to engage in peace talks, the complexity of the situation makes rapid progress challenging. The Kremlin has highlighted the importance of addressing the root causes of the conflict, which stem from historical tensions and geopolitical disputes.

Despite calls from the United States for swift action, Moscow has reiterated its preference for a measured approach to ensure lasting peace. Putin has also signaled readiness for direct talks with Ukraine, though Kyiv has yet to respond. The situation remains delicate, with both sides needing to navigate a web of political and military considerations to reach a resolution.

This cautious stance underscores the intricate dynamics at play in one of Europe's most significant conflicts in recent history. The world watches as efforts to bridge divides continue.

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