08/25/2026
Gold continued to show strength this week, trading around CAD 6,442 per ounce and staying close to its highest level in more than three months. Continued investor interest in gold as a strategic asset, along with concerns surrounding inflation, fiscal conditions, and dollar weakness, helped support the precious metalβs positive momentum. Growing confidence among investors seeking stability and long-term value further highlights goldβs enduring appeal.
Meanwhile, rising inflows into gold-backed exchange-traded funds reflected stronger market participation and sustained investment demand. Investors also continued to monitor U.S. government debt, borrowing costs, inflation, and fiscal policy as they assess opportunities for diversification and long-term portfolio protection.
Our Take: Strong ETF inflows and continued investor participation reinforce goldβs positive market outlook. As demand for stability, diversification, and long-term value remains strong, gold continues to stand out as a strategic asset for todayβs evolving market environment.
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