Top Performing Assets Year-to-Date | BullionBuzz Chart of the Week
January 1 – September 1, 2017
The CAD$ declining vs USD$ since May by 11.68% held back returns when converted back to Canadian dollars. In US Dollars, gold has returned 15.28%, Silver 7.76%, S&P 500 10.62% YTD. We expect the pair to return to normal balance in the medium term, which should return these gains back to CAD$ investors.
Source: Thomson Reuters Datastream; Bullion Management Group Inc.