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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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Your daily horoscope: June 22, 2024

 


HOROSCOPES IF TODAY IS YOUR BIRTHDAY

It will pay you to be more open about your feelings over the coming year. You don’t have to bare your soul for the whole world to see but you do have to recognize that other people can’t help you if they don’t know what it is you need.

ARIES (March 21 - April 20):

There is a danger you could come on too strong this weekend and turn against you people whose assistance you are going to need. It’s good to be ambitious but that does not mean you must see rivals as enemies. Try working with them for a change.

TAURUS (April 21 - May 21):

You are in such a positive frame of mind at the moment that you cannot imagine bad things occurring but the current full moon warns you will need to be on your guard. Can you trust everyone you work or do business with? Probably not.

GEMINI (May 22 - June 21):

If there is something of a private nature you don’t want to become public knowledge then you may have to make a misleading statement or two. Sometimes, for the sake of your own well-being, it’s okay to deceive people, even your family and friends.

CANCER (June 22 - July 23):

Today’s full moon will tempt you to give up on a partnership or relationship that has been a bit rocky but don’t be too hasty. This is one of those situations where you will probably regret it later on if you take the easy way out now.

LEO (July 24 - Aug. 23):

Ignore what friends and family members say you should be doing and follow your heart. If you allow yourself to be swayed by their opinions you will surely regret it later on when you look back and realize you should have been tougher mentally.

VIRGO (Aug. 24 - Sept. 23):

Moderation is essential this weekend as the full moon tempts you to go too far in at least one direction and maybe several directions at the same time. Remember, a little of what you fancy can do you good but too much is likely to be bad for you.

LIBRA (Sept. 24 - Oct. 23):

If someone in a position of authority makes you the kind of offer you find hard to refuse you would be wise to think about it very carefully before you accept. Also, if they want you that badly you may be able to negotiate for much better terms.

SCORPIO (Oct. 24 - Nov. 22):

Why are you worrying about so many small things when all the big things in your life are going so well? The best way to overcome that is to get out and about in the world this weekend so you have less time to think.

SAGITTARIUS (Nov. 23 - Dec. 21):

A full moon in the money area of your chart means you must be on your guard when dealing with matters of a financial nature. Most importantly, if you make a loss in one area you must not try to remedy the situation by taking risks in another.


CAPRICORN (Dec. 22 - Jan. 20):

A full moon in your birth sign means that your feelings will be all over the place this weekend. Seeing as how you tend to keep things bottled up inside you maybe that’s no bad thing. An emotional outburst now is better than an even bigger one later on.

AQUARIUS (Jan. 21 - Feb. 19):

If you have to do something unpleasant this weekend you would be wise to put on a smile and make a good job of it. Attitude is everything and if you pretend to love this particular chore then chances are you won’t be asked to do it again.

PISCES (Feb. 20 - Mar. 20):

Today’s full moon will put pressure on a task that involves a wide range of people and it may be tempting to call it a day. But if you do that you could miss out on a bumper payday when it all comes together later in the summer.

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