Bank of Canada Silent as Other Central Banks Buy Gold

The Bank of Canada is ignoring gold, despite warnings highlighted in the Financial Post that the precious metal is becoming a critical safe haven. While gold prices climb to record highs and central banks worldwide expand their reserves to guard against U.S. dollar weakness and global uncertainty, Canada stands apart with zero holdings. This reliance on U.S. Treasuries alone raises questions about whether the Bank is leaving the country exposed at a time when others are diversifying. #bankofcanada #canadianeconomy #gold Links: Foreign Reserves Management / La gestion des réserves de change: https://www.youtube.com/watch?v=ng43Nfx4a5A Canada's gold hoard would be worth US$130 billion today — but we sold it all: https://financialpost.com/commodities/gold-remains-absent-from-canadas-foreign-currency-reserves-even-as-it-soars A ‘once-in-a-generation move’: Analysts see little to halt gold’s record-breaking run: https://www.theglobeandmail.com/investing/article-gold-zooms-past-4000-for-first-time-in-historic-flight-to-safety/ Gold prices hit record high as anxious investors seek safe haven for money: https://www.cbc.ca/news/business/gold-prices-record-high-1.7653497 GOOD MARKET CALL: Gold: https://www.yardeniquicktakes.com/good-market-call-gold/ Investor Outlook: Gold prices climb to record highs as China and central banks boost demand: https://www.bnnbloomberg.ca/investing/investor-outlook/2025/09/23/investor-outlook-gold-prices-climb-to-record-highs-as-china-and-central-banks-boost-demand/ Official International Reserves: https://www.bankofcanada.ca/rates/related/international-reserves/ Policy interest rate: https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/ Why Investors Can’t Seem to Get Enough of Gold: https://www.bloomberg.com/news/articles/2025-10-08/gold-price-tops-4-000-why-safe-haven-appeal-is-driving-bullion-s-record-rally Gold / US Dollar Spot: https://www.cnbc.com/quotes/XAU= ICE U.S. Dollar Index: https://www.cnbc.com/quotes/.DXY Gold zooms past US$4,000 for first time in historic flight to safety: https://www.bnnbloomberg.ca/business/2025/10/08/gold-zooms-past-us4000-for-first-time-in-historic-flight-to-safety/ Gold Rally Points to Eroding Faith in Central Banks Worldwide: https://www.wsj.com/economy/central-banking/gold-price-central-bank-28eac30f China’s central bank aids gold’s record-setting run with 11-month buying streak: https://www.scmp.com/economy/china-economy/article/3328200/chinas-central-bank-aids-golds-record-setting-run-11-month-buying-streak Gold’s Record Rally Is Helping China Challenge Trump and the Dollar: https://www.bloomberg.com/news/features/2025-10-09/gold-s-rally-is-helping-china-build-a-world-less-dependent-on-trump-us-dollar Do central banks really have more gold than US Treasury bonds?: https://www.ft.com/content/0dbc435d-7d7e-43d7-b730-b8ced4b1cba2 Taking Stock: Dollar Assets, Gold, and Official Foreign Exchange Reserves: https://libertystreeteconomics.newyorkfed.org/2024/05/taking-stock-dollar-assets-gold-and-official-foreign-exchange-reserves Yen plunges to 38-year low vs dollar as markets brace for Japan intervention: https://www.reuters.com/markets/currencies/steady-dollar-sends-yen-brink-160-2024-06-26/ Japan Data Confirms First Currency Intervention Since 2022: https://www.wsj.com/finance/currencies/japan-data-confirms-first-currency-intervention-since-2022-97c89dbc The U.S. dollar is getting a bit green around the gills: https://www.theglobeandmail.com/business/commentary/article-the-us-dollar-is-getting-a-bit-green-around-the-gills/ Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.