Canada's main stock index posted modest gains as shares of Shopify and Air Canada rallied. The$S&P/TSX Composite Index (.SPTSX.CA)$rose 0.04% to close at 21,796.09 on Wednesday. The gauge swung between gains and losses amid the push and pull between metal producers and energy stocks. The blue chip$S&P/TSX 60 Index (.TX60.CA)$slipped 0.03% to 1301.77. $Air Canada (AC.CA)$climbed 5.4% to C$17.54, helping the broader market close in positive terr...
With the increasing global turmoil and geopolitical uncertainty, the price of gold continued to hit new highs in 2024. Investors have also begun to pay attention to investment categories related to gold, such as spot gold, gold ETFs, etc. For Canadian investors, there is another potential option, which is gold mining stocks. The first quarter financial report season of the Gold Miners Index (GDX) has just passed, and all companies have achieved ste...
Gold climbed to a record and silver advanced as the dollar weakened, boosting the investment appeal of the precious metals and curbing the cost of acquiring the asset for holders of other currencies. $Gold Futures(FEB5) (GCmain.US)$rose $31.90, or 1.3%, to settle at $2,417.40 an ounce on Comex. That's the all-time high close for a most-active contract, according to Dow Jones Market Data. The precious metal also r...
From the point of view of globalization and comparative advantages, there exist considerable opportunites in the natural resource sector of Canada. Among others, mining is an important natural resource sector. Geographically speaking, vast majority of land of Canada is covered by the Canadian shield, which is essentially exposed rock. The Canadian Shield is one of the world's richest areas in terms of mineral ores. The Canadian mining companies also have operation...
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Kevin Matte
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kinross, alamos gold, fortuna silver mines
Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week. •Base metals: Industrial metals fall due to a lack of buying interest in China •Precious metals: Gold, silver fell 2.1% and 4.1% respectively •Bulk commodity: Thermal coal rose 8% Spot Price Snapshot Key Price Moves $Copper Futures(MAR5) (HGmain.US)$and$Aluminum Futures(FEB5) (ALImain.US)$, along with ot...
Indexes finished in the green after an AI stock pullback on Friday. The $S&P 500 Index traded 1.21% higher on preliminary numbers for the day in New York. The $Dow Jones Industrial Average gained 1.02%, and the $Nasdaq Composite Index rose 1.42%. MACRO $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$fell to 4.974 this morning after hitting 5% briefly last week, while$U.S. 10-Year Treasury Notes Yield (US10Y.BD)$slipped to 4.62. ...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,300.40, down 0.52%. ● Statistics Canada to release March inflation report today ● Oil prices could breach $100 as Middle East conflict turns more dangerous, analysts warn ● Housing optimism surges in Canada with rate cuts on horizon ● Stocks to watch: Barrick Gold Mar...
Hello mooers! Welcome to Mining & Metals Monitor, your source for weekly insights into key commodities and fundamental changes in leading companies. Spot Price Snapshot Key Price Moves Gold: On Thursday, the price of gold reached an all-time high and experienced its strongest month in more than three years due to high demand for safe-haven assets and expectati...
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Kevin Matte
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Alamos Gold is one of my favorite gold miners ^^
Barrick Gold Corp Stock Forum
The $S&P/TSX Composite Index (.SPTSX.CA)$ closed 0.3% higher at 22,126.13 while the blue-chip $S&P/TSX 60 Index (.TX60.CA)$rose 0.2% to 1,318.71.
$Royal Bank of Canada (RY.CA)$ gained 0.6% while the $The Toronto-Dominion Bank (TD.CA)$ advanced 0.9%.
$Barrick Gold Corp (ABX.CA)$ and $Newmont Corp (NGT.CA)$ slipped as gold ...
The $S&P/TSX Composite Index (.SPTSX.CA)$ rose 0.04% to close at 21,796.09 on Wednesday. The gauge swung between gains and losses amid the push and pull between metal producers and energy stocks. The blue chip $S&P/TSX 60 Index (.TX60.CA)$slipped 0.03% to 1301.77.
$Air Canada (AC.CA)$ climbed 5.4% to C$17.54, helping the broader market close in positive terr...
The first quarter financial report season of the Gold Miners Index (GDX) has just passed, and all companies have achieved ste...
$Gold Futures(FEB5) (GCmain.US)$ rose $31.90, or 1.3%, to settle at $2,417.40 an ounce on Comex. That's the all-time high close for a most-active contract, according to Dow Jones Market Data. The precious metal also r...
Geographically speaking, vast majority of land of Canada is covered by the Canadian shield, which is essentially exposed rock. The Canadian Shield is one of the world's richest areas in terms of mineral ores. The Canadian mining companies also have operation...
•Base metals: Industrial metals fall due to a lack of buying interest in China
•Precious metals: Gold, silver fell 2.1% and 4.1% respectively
•Bulk commodity: Thermal coal rose 8%
Spot Price Snapshot
Key Price Moves
$Copper Futures(MAR5) (HGmain.US)$ and $Aluminum Futures(FEB5) (ALImain.US)$, along with ot...
The $S&P 500 Index traded 1.21% higher on preliminary numbers for the day in New York. The $Dow Jones Industrial Average gained 1.02%, and the $Nasdaq Composite Index rose 1.42%.
MACRO
$U.S. 2-Year Treasury Notes Yield (US2Y.BD)$ fell to 4.974 this morning after hitting 5% briefly last week, while $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ slipped to 4.62.
...
The $S&P/TSX Composite Index (.SPTSX.CA)$ gained 0.3% to close at 21,871.96, while the blue-chip $S&P/TSX 60 Index (.TX60.CA)$ rose 0.45% to 1,313.41.
About 724 stocks advanced, while 1,39 declined, data tracked by moomoo showed. $Suncor Energy Inc (SU.CA)$ and $Cenovus Energy Inc (CVE.CA)$ were among the biggest gainers in t...
● S&P/TSX 60 Index Standard Futures are trading at 1,300.40, down 0.52%.
● Statistics Canada to release March inflation report today
● Oil prices could breach $100 as Middle East conflict turns more dangerous, analysts warn
● Housing optimism surges in Canada with rate cuts on horizon
● Stocks to watch: Barrick Gold
Mar...
Spot Price Snapshot
Key Price Moves
Gold: On Thursday, the price of gold reached an all-time high and experienced its strongest month in more than three years due to high demand for safe-haven assets and expectati...
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