Newspaper article The Canadian Press

Toronto Stocks Higher on Strength of Gold, U.S. Stocks Mixed

Newspaper article The Canadian Press

Toronto Stocks Higher on Strength of Gold, U.S. Stocks Mixed

Article excerpt

Toronto stocks higher, U.S. stocks mixed

--

Canada's main stock index made gains Thursday, boosted by strength in the gold sector as the price of the commodity gained seven dollars.

The S&P/TSX composite index advanced 63.14 points to 16,328.96.

Shares in the gold sector were the best performing of the day, gaining on average 1.74 per cent of their worth. That rise came as the August gold contract gained US$7.00 to US$1,308.30 an ounce.

The TSX was not up on any major headlines, said Allan Small, a senior investment adviser at HollisWealth, noting the recent spate of major headlines, including the historic U.S. and North Korea summit, the G7 meeting and U.S. President Donald Trump's tweets attacking Canada.

"I think now what's left is everyone trying to pick up the pieces and trying to figure out (these) trade issues. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.