Why is the gold price rising now?

Central banks are buying more bullion, investors want safe assets, and the U.S. dollar has weakened. Supply growth from mines is limited, so demand has a larger impact. Together, these forces support higher prices, even when traditional links to bond yields look less reliable than before.

How should Canadians buy exposure to gold?

Consider CAD-listed bullion ETFs for low effort and easy rebalancing. Physical bars or coins work if you value direct control and can manage storage. For more upside and risk, look at TSX-listed miners or royalty firms. Choose hedged or unhedged ETF units based on your view of the Canadian dollar.

What role does silver play in a portfolio?

Silver can complement gold with higher potential upside and higher volatility. We keep silver smaller than gold and use diversified ETFs or select miners. This adds a cyclical tilt without overwhelming the defensive role that gold can play during market stress or currency weakness.

Are miners a better choice than bullion when prices rise?

Miners often outperform bullion when costs are controlled and prices rise, but they carry operational and jurisdiction risks. Bullion and ETFs provide cleaner exposure to the metal. Many investors blend both, using miners for growth and bullion for stability, then rebalancing as conditions change.

Global Market Insights

Gold Price Today, January 30: Central Banks, Weak USD Drive Record Run

ByDanny Kontos January 30, 2026January 30, 2026

The gold price surged to fresh records this week, peaking near US$5,300 on January 28, as central banks kept buying and the U.S. dollar weakened. For Canadian investors, this run changes portfolio math. We see stronger safe haven demand, tighter supply from miners, and rising interest in silver. Below, we explain the drivers, how to size positions in CAD, and the practical choices across bullion, ETFs, and TSX-listed miners in this new market backdrop.