TSX edged higher Wednesday morning, lifted by strength in miners as gold prices hit fresh record highs. Gains came as U.S. markets struggled under the weight of rising bond yields, with the Dow starting September on the back foot.
Market numbers
TSX: Up (0.18%), 28,615.62
TSXV: Up (1.88%), 845.20
DOW: Down (0.17%), 45,239.00
NASDAQ: Up (0.20%), 23,423.75
FTSE: Down (0.72%), 9,142.00
In the headlines
Gold prices surge to record highs – XAU/USD climbed more than 6% over the past week, breaching US$3,550. Analysts point to safe-haven flows and inflation hedging as key drivers, bolstering Canadian gold producers and small-cap explorers.
Dow slides as yields climb – The Dow Jones lost 250 points to start September, pressured by higher bond yields. The move reflects investor caution as borrowing costs rise, weighing on equities and spilling over into global sentiment.
Currencies
USD: Up (0.17%), $0.7241
GBP: Down (0.35%), $0.5395
EUR: Down (0.21%), $0.6218
JPY: Up (0.15%), ¥107.793
Bitcoin: Down (0.12%) 111,110.72
(Conversion to C$1)
Commodities
Natural Gas: Up (3.36%), 3.087
WTI: Down (1.84%), 64.914
Gold: Up (0.38%), 3,546.86
Copper: Down (0.76%), 4.6085
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