Precious Metals & Banks in 2020: Canadian Analysis | BullionBuzz Chart of the Week

This week’s Chart of the Week, shows that most Canadian investors like to or are recommended to add Canadian banks to their portfolios due to the stability and dividends that is provided. We compared Canadian bank performance to gold and silver on a YTD basis in CDN. The chart displays that an investment in gold or silver throughout 2020, would have yielded much better results than the average bank or the TSX Composite Index. This chart does a great job at exemplifying the performance of silver throughout the last couple days.

Precious Metals & Banks in 2020 |  BullionBuzz Chart of the Week

Source: Ycharts; BMG Group Inc.

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