The price of gold has been rapidly escalating. Basically, it’s usually measured in US dollars, but if it is converted into Canadian dollars, its recent increases are even more dramatic.
What does it mean? Basically, many people would rather have gold than just about anything else. It indicates that the strength of the US dollar is declining. Less faith in it, due to current events.
$6,104.65 price of 1 oz. of GOLD in Canadian Dollars
+145.85
+2.45%
Gold Price Performance USD
| Change | Amount | % |
| Today | +100.74 | +2.37% |
| 30 Days | +509.61 | +13.62% |
| 6 Months | +934.81 | +28.20% |
| 1 Year | +1,504.02 | +54.77% |
| 5 Year | +2,324.33 | +120.71% |
| 20 Years | +3,786.70 | +817.44% |
| goldprice.org – 16:33 NY Time | ||
Gold Price History Charts
Brian Madigan LL.B., Broker