Gold
- 1494.356
- +6.370+0.43%
15min DelayMarket Closed Mar 4 16:00 ET
1512.930High1474.209Low
1500.450Open1487.985Pre Close9.59MVolume4Rise30.33P/E (Static)415.42MTurnover--Flatline0.24%Turnover Ratio218.87BMarket Cap1Fall215.16BFloat Cap
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Since the Bank of Canada's initial interest rate cut on June 5, 2024, Canada's mainstock index, $S&P/TSX Composite Index (.SPTSX.CA)$, has increased by more than 15%. As of Wednesday, the index climbed 0.12%, closing at 25,311.50.
Read More: BoC Interest Rate Decision Preview: CPI Report Paves Way for BoC Rate Cuts, Tariffs Add Uncertainty
Leading this impressive rally is the Information Technology Sector, which has skyrocketed by 50.88% since...
Read More: BoC Interest Rate Decision Preview: CPI Report Paves Way for BoC Rate Cuts, Tariffs Add Uncertainty
Leading this impressive rally is the Information Technology Sector, which has skyrocketed by 50.88% since...
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Canadian stocks declined as investor weighed the impact of Prime Minister Justin Trudeau's resignation on markets. Declining oil and gold prices also dragged the shares of commodity producers.
The $S&P/TSX Composite Index (.SPTSX.CA)$ closed 0.2% to 24,999.79, reversing earlier gains. Decliners outnumbered the benchmark's gains 127 to 84. The $S&P/TSX 60 Index (.TX60.CA)$ Index dipped 0.3% to 1498.34.
Toronto-listed reverse...
The $S&P/TSX Composite Index (.SPTSX.CA)$ closed 0.2% to 24,999.79, reversing earlier gains. Decliners outnumbered the benchmark's gains 127 to 84. The $S&P/TSX 60 Index (.TX60.CA)$ Index dipped 0.3% to 1498.34.
Toronto-listed reverse...
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Columns Trading defensively in CA
People hold different opinions towards the new year perspective. One thing people share in common is the notion of "uncertainty", especially uncertainty on tariff, on high valuation of stocks, on inflation and on economy.
In periods of uncertainty, it is crutial to have defensive positions. No defense, no offense. After we set up defensive postions, we know we will do good even if something bad haapens. With the defensive position set, we are in a good shape to find some...
In periods of uncertainty, it is crutial to have defensive positions. No defense, no offense. After we set up defensive postions, we know we will do good even if something bad haapens. With the defensive position set, we are in a good shape to find some...
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After a rebound in Canadian stocks in 2023, the Canadian stock market expanded its gains in 2024, with the S&P/TSX Composite Index YTD rising by 17.4% as of last weekend. Interest rate cuts in Canada since June have led to a rapid rise in local stocks, with technology stocks leading the way. New rounds of geopolitical conflicts have created uncertainty, particularly boosting mining stocks, especially gold stocks, to continue their ra...
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As 2024 nears its end, we've witnessed inflation rates falling in major developed countries, with Canada's inflation rate dropping from 2.9% at the beginning of the year to 1.9%. This year, the Bank of Canada took the lead in cutting interest rates, followed by the Federal Reserve. The AI sector in North America continued its rally, driving Canadian tech stocks to soar.
■ How did each sector perform in 2024?
Among all sectors in Canada, t...
■ How did each sector perform in 2024?
Among all sectors in Canada, t...
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Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
• Base metals: Lead prices drop to $1977 per tonne
• Energy metals: Li Carbonate prices drop 0.7% in the past week
• Precious metals: Gold prices drop 0.7% to $2654 per oz
• Bulk commodities: Iron ore prices drop 1.4% in the past week
Spot Price Snapshot
Key Price Moves
Spot gold fell by 0.7% to $2654 per ounce last ...
• Base metals: Lead prices drop to $1977 per tonne
• Energy metals: Li Carbonate prices drop 0.7% in the past week
• Precious metals: Gold prices drop 0.7% to $2654 per oz
• Bulk commodities: Iron ore prices drop 1.4% in the past week
Spot Price Snapshot
Key Price Moves
Spot gold fell by 0.7% to $2654 per ounce last ...
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Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,517.20, up 0.05% from previous close
● Fall economic statement update responds to trump presidency, deficits expected to widen
● Barrick considers shutting down Mali gold mine amidst dispute with government
● Imperial oil ltd seeks additional government...
● S&P/TSX 60 Index Standard Futures are trading at 1,517.20, up 0.05% from previous close
● Fall economic statement update responds to trump presidency, deficits expected to widen
● Barrick considers shutting down Mali gold mine amidst dispute with government
● Imperial oil ltd seeks additional government...
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Columns Everything You Need to Know on Thursday: Agnico Eagle to Acquire O3 Mining in $204 Million Cash Deal
Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,534.80, down 0.33% from previous close
● Canadian premiers consider retaliation in response to potential Trump tariffs
● Agnico Eagle to acquire O3 Mining in a $204 million cash deal
● Empire Co. Ltd. reports a $173.4 million profit in Q2, with a slight increase in sales...
● S&P/TSX 60 Index Standard Futures are trading at 1,534.80, down 0.33% from previous close
● Canadian premiers consider retaliation in response to potential Trump tariffs
● Agnico Eagle to acquire O3 Mining in a $204 million cash deal
● Empire Co. Ltd. reports a $173.4 million profit in Q2, with a slight increase in sales...
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$Newmont (NEM.US)$ Hello everyone, hope you all are enjoying your weekend so far.
NEM will report its Q2 earnings Wednesday July 24th. In Q1 of 2024, gold prices averaged around 2,050 per oz. In Q2, gold prices averaged even higher at around 2,350 per oz. This is $300 additinal dollar of profits that goes into the company’s bottom line for every oz of gold mined. Costs remained flat QoQ. I expect we shall see another blow off top earning report from NEM in its earning per share and cash flow...
NEM will report its Q2 earnings Wednesday July 24th. In Q1 of 2024, gold prices averaged around 2,050 per oz. In Q2, gold prices averaged even higher at around 2,350 per oz. This is $300 additinal dollar of profits that goes into the company’s bottom line for every oz of gold mined. Costs remained flat QoQ. I expect we shall see another blow off top earning report from NEM in its earning per share and cash flow...
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