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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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Turmoil in Bangladesh: Prime Minister Sheikh Hasina Resigns and Flees Amidst Protests

 


In a dramatic turn of events, Bangladeshi Prime Minister Sheikh Hasina has resigned and left the country for a “safer place” following weeks of intense anti-government protests. The 76-year-old leader’s departure comes after thousands of demonstrators stormed her official residence, demanding her resignation.

The unrest, which began as a movement against civil service job quotas, quickly escalated into widespread calls for Hasina to step down. The situation reached a boiling point when at least 90 people were killed and hundreds injured in violent clashes between protesters and security forces.

As the protests intensified, the government imposed a nationwide curfew and shut down internet services in an attempt to quell the unrest. However, these measures did little to deter the demonstrators, who continued to march through the streets of Dhaka, chanting slogans and demanding change.

In a televised address, Bangladesh’s military chief, Waker-Uz-Zaman, confirmed Hasina’s resignation and announced that an interim government would take over the administration of the country. The army has been deployed across the capital to maintain order and prevent further violence.

The resignation of Sheikh Hasina marks the end of her 15-year rule, during which she faced numerous challenges and controversies. As Bangladesh navigates this period of political uncertainty, the international community watches closely, hoping for a peaceful resolution to the crisis.

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