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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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Tariff Turmoil: Wall Street Wobbles Amid Auto Industry Shake-Up

 

Wall Street faced a turbulent day as President Trump's announcement of 25% tariffs on imported cars sent ripples through the stock market. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all experienced declines, reflecting investor concerns over the potential economic impact of the tariffs.

Automakers were among the hardest hit, with General Motors and Ford seeing significant drops in their stock prices. Even U.S.-based manufacturers felt the strain due to their complex supply chains spanning North America. Meanwhile, electric vehicle makers like Tesla and Rivian fared better, as their production is largely U.S.-based.

The tariffs, set to take effect on April 2, have sparked fears of a trade war and raised questions about their long-term implications for the global economy. Investors remain cautious, with many bracing for further market volatility. 



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