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Index/Topics/Gold price rally after 2016

Gold price rally after 2016

The increase in gold prices after Canada sold its reserves, leading to criticisms about the potential loss or opportunity cost.

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Jan 28, 2026
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Why did Canada sell its gold reserves in 2016 and what has been the fiscal rationale since then?

completed a multi-decade run-down of its official gold holdings, ending with effectively zero monetary gold on the books by early 2016 because successive finance ministers chose to convert non-yieldin...

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