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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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Canada Imposes Sanctions on Extremist Israeli Settlers in the West Bank

 

 In a significant move, Canada has imposed sanctions on individuals accused of engaging in violence against Palestinian civilians and their property in the West Bank. These are the first-ever sanctions targeting extremist Israeli settlers under the Special Economic Measures Act. The escalating violence by extremist settlers has undermined human rights, prospects for a two-state solution, and regional security. Since October 7, 2023, there have been at least 800 settler attacks against Palestinians, resulting in verbal or physical assaults, property damage, and forced displacement of communities.

The Sanctioned Individuals:

  1. David Chai Chasdai
  2. Yinon Levi
  3. Zvi Bar Yosef
  4. Moshe Sharvit

These individuals are now prohibited from dealings related to Canada and are rendered inadmissible under the Immigration and Refugee Protection Act. Canada remains committed to a comprehensive, just, and lasting peace in the Middle East, opposing the expansion of illegal settlements in the West Bank and East Jerusalem.

Foreign Affairs Minister Mélanie Joly emphasized that acts of extremist settler violence are unacceptable, and perpetrators will face consequences. The rise in violence poses significant risks to peace and security in the region, affecting families forced to leave their homes due to threats by extremist settlers.

Canada’s stance aligns with the Geneva Convention, which applies in the occupied territories and establishes Israel’s obligations as an occupying power regarding the humane treatment of inhabitants. While other countries like the U.S., U.K., and EU have also taken measures against violent Israeli settlers, Canada’s recent sanctions represent a crucial step in addressing this ongoing violence.

As the situation unfolds, Canada continues to advocate for a peaceful resolution and justice for affected communities in the West Bank.

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