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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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Tragedy Strikes New Orleans: Unraveling the Details of the New Year's Day Attack

 

In the early hours of New Year's Day, a devastating attack unfolded on Bourbon Street in New Orleans, leaving 15 people dead and dozens injured. The suspect, identified as Shamsud-Din Jabbar, a 42-year-old U.S. citizen from Texas and an Army veteran, drove a rented pickup truck into a crowd of revelers before engaging in a shootout with police. Jabbar was killed in the exchange of gunfire.

The FBI has confirmed that Jabbar acted alone and was inspired by ISIS. In the hours leading up to the attack, Jabbar posted videos on Facebook declaring his support for the terrorist organization. Authorities are also investigating a possible connection to a vehicle explosion outside the Trump International Hotel in Las Vegas, though no definitive link has been established.

The attack has left the city in shock, with families and friends mourning the loss of their loved ones. Among the victims were an aspiring nurse, a former football star, and a father of two. The FBI and local law enforcement continue to investigate the incident, reviewing surveillance footage and following up on tips from the public.

As New Orleans begins to heal from this tragedy, the community remains resilient, coming together to support one another in the face of adversity.



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