Canada Goes Against the Grain, Depleting Its Gold Reserves

In the global economic literature, gold is considered one of the most essential reserves to be held in case of crises. However, Canada has chosen to go against this trend, becoming the only country in the 'G7' group without any gold reserves in its vaults. In the 1960s, Canada was among the top countries holding gold reserves, with over 1,000 tons of gold in 1965, equivalent to $1.15 billion, placing it among the major gold-owning countries at the time. Watch the full content on Al-Shurooq Online. The post Canada Goes Against the Grain, Depleting Its Gold Reserves appeared first on Al-Shurooq Online.