Gold Stocks Back In Focus As TSX Gain Strength

2 min read | March 02, 2021 05:50 PM EST | By Team Kalkine Media

Gold Stocks Back In Focus As TSX Gain Strength

Movers and Laggards

Source: EODHD/Others (Thomson Reuters)

Volume Leaders: Suncor Energy Inc, Enbridge Inc and Barrick Gold Corp.

On Wall Street: All three global benchmark indices of the United States slipped in red. Tech stocks were the biggest losers and technology-benchmark index NASDAQ Composite plummeted 1.69% to 13,358.95.

The S&P 500 index slipped 0.81% to 3,870.29 and the Dow Jones Industrials declined 0.46% to 31,391.52,.

Commodity, Currency and Bond Update

Gold pared all losses of the previous trading day and added US$10.60 or 0.62% on Tuesday to settled at US$1,733.60/oz.

Energy prices reported weakness for the third straight day, with American WTI Crude slipping 1.47% to US$59.75/bbl and Brent Oil slipped 1.55% to US$62.70/bbl, respectively.

Yield on the Canada 10-Year Bond extended lower for the third straight day and settled 1.12% lower at 1.327%.

Canadian Dollar strengthened for the second straight day against the US counterpart and settled at 0.7915 on Tuesday against 0.7906 on Monday.

With Reuters Inputs

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