TSX Rebounds, but Precious Metals Remain Volatile, as S&P 500 Flirts with Record High

Commodities: Precious Metals Meltdown Deepens

Precious metals extended Friday’s dramatic retreat, with spot gold falling as much as 10% on Monday morning, while silver plunged as much as 16%.

@ the Bell: TSX jumpstarts the week

Canada’s main stock index regained some ground lost before the weekend on Monday, thanks to a broad gain across commodities and tech. Oil prices retreated after US President Donald Trump indicated a de‑escalation with Iran. Bitcoin also dropped near C$100,000 for the first time since autumn 2024, reflecting a wider pullback following the steep declines in gold and silver. Silver—after more than doubling over the past year—tumbled about 30 per ce…

Asian shares slump amid selling in precious metals

MSCI’s broadest index of Asia-Pacific shares outside ‌Japan dipped 2.8%, while Chinese blue chips dropped 1.0%, with heavy declines in gold indexes Asian shares were deep into the red on Monday as chaotic selling in precious metals made for a nervous start to a week that is packed with ​corporate earnings and major economic data. Silver shed another 10% at one stage, as Friday’s 30% slump squeezed leveraged positions in what had become a very ‌c…

Stocks slide as silver rout unleashes hefty selling

old, silver plunge in volatile trade, margins under pressure