CGL.TO is trading 3.3% up after the U.S. Treasury said it would at least double longer-dated bond buybacks, pushing yields lower and supporting non-yielding bullion.

  • Gold was reported up more than 3% on August 19, 2026; the weaker dollar added support as investors awaited the Federal Reserve’s July meeting minutes.
  • Middle East tensions and elevated oil prices reinforced safe-haven demand; CGL.TO’s CAD hedge means performance chiefly reflects the underlying gold surge rather than currency translation.