US stocks rise slightly, June 12-16
The U.S. Federal Reserve raised its key interest rate by 25 basis points to between 1% and 1.25% — the second rate hike this year — sending the gold price…
Stock Markets/Investing
TSX ends lower, June 12-16
The S&P/TSX Composite Index dropped 1.81% to 15,192.54. The S&P/TSX Global Mining Index fell 6.11% to 61.44, the S&P/TSX Global Gold Index lost 5.41% to finish at 197.95, and spot…
Q&A: BMO’s Ed Sterck talks demonetization and diamond equities
In late 2016 and early 2017 the diamond market felt the effects of India’s demonetization, which saw 500-rupee and 1,000-rupee bills suddenly removed from the market last November. The move…
Five reasons diamond stocks have been dragging
In the first quarter of 2017, a market-cap weighted aggregation of diamond miners in U.S. dollars including Alrosa (RTS: ALRS), Petra Diamonds (LSE: PDL), Dominion Diamond (TSX: DDC; NYSE: DDC),…
TSX Venture eases down, May 29-June 2
The S&P/TSX Venture Composite Index lost 7.61 points over the report period to an 800.98-point close, as spot gold prices gained US$12.41 to US$1,278.17 per oz., and Comex copper prices…
US markets inch higher, May 29-June 2
Markets in the U.S. were closed for the Memorial Day holiday on May 29. For the rest of the week, the Dow Jones Industrial Average rose 0.60% to 21,206.29 and…
Canada’s benchmark index posts marginal advance, May 29-June 2
Canada’s real growth domestic product advanced at a 3.7% annualized rate in the first quarter, or more than triple the 1.2% rate posted in the United States. Business investment was…
TSX Venture eases up, May 15-19
The S&P/TSX Venture Composite Index rose 13.26 points to a 806.9-point close, as spot gold prices gained US$27.5 to US$1,255.93 per oz., and Comex copper prices gained 6¢ to $2.58…
TSX dips, gold rises, May 15-19
Fallout from U.S. President Donald Trump’s recent firing of FBI chief James Comey and uncertainty about the Russia government’s role in the 2016 U.S. presidential election continued to rattle global…
Wall Street dips, May 15-19
The three major U.S. stock indexes fell during the third week of May. The S&P 500 Index slipped 0.38% to 2,381.73 and the Dow Jones Industrial Average dropped 0.44% to…
TSX Venture down with commodities, May 1-5
The S&P/TSX Venture Composite Index shed 25.05 points to a 781.72-point close over the trading week, as spot gold prices plunged US$40.27 to US$1,228.01 per oz., and Comex copper prices…
TSX rises despite sagging commodity prices, May 1-5
Despite declining prices for gold and oil, Canada’s benchmark index has finished in positive territory. The S&P/TSX Composite Index rose 0.2% to 15,582.04. The S&P/TSX Global Mining Index, however, lost…