The Canadian Index

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Bar chart comparing same-session percentage moves across gold, silver, oil, and other major assets on September 17, 2026.

Gold and silver led gains across major assets Thursday even against a seven-week high for the US dollar, a combination strategists linked to diversification demand rather than the usual inverse relationship between gold and the dollar. Brent crude led decliners, falling as additional Saudi crude routed through Oman eased the supply fear that had driven the earlier price spike. The divergence across six assets on the same day underscores how differently markets are now pricing energy risk versus safe-haven demand.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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Line chart showing the S&P/TSX Composite index rebounding on a base metals rally on September 17, 2026.

The TSX Composite rebounded to about 35,858 on Thursday, led by base metals, a day after closing at its lowest level since July.

The Fed Called an Oil Shock Elevated the Same Day the BoC Found No Sign It Has Spread

September 17, 2026

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Line chart of the TSX Composite over the week the Fed hiked rates and the Bank of Canada held.

Two G7 central banks moved in opposite directions the week of September 15: the Federal Reserve raised its policy rate a quarter point to…

The Week the Bank of Canada's Own Rate Stopped Setting Canadian Borrowing Costs

September 19, 2026

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Line chart showing the TSX Composite retreating over 24 sessions as bond yields resumed climbing.

The TSX Composite gave back most of Thursday's post-Fed rebound by Friday, closing at 35,677.84 as bond yields resumed climbing.

TSX Gives Back Post-Fed Rally as Bond Yields Resume Climbing

September 18, 2026

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Bar chart showing gold and silver rising while the TSX and crude oil fell on September 18.

Six major markets split unevenly on September 18: silver rose 2.32 percent and gold 1.00 percent even as both Canadian and U.S.

Gold and Silver Rise With Yields, Breaking the Usual Pattern

September 18, 2026

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Line chart showing Brent crude climbing 5.1 percent over the week to 87.84 dollars a barrel as the Iran conflict and naval blockade escalated.

Brent crude rose 5.1% over the week to $87.84 a barrel as an escalating Iran conflict pushed oil back toward its earlier highs.

The TSX and Gold Both Set Records This Week. That Should Not Happen Together.

August 15, 2026

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Bar chart comparing six assets' weekly gains, showing energy markets rising roughly five times faster than equities or the Canadian dollar.

Six major assets all finished the week higher, but energy markets moved roughly five times faster than equities or the Canadian dollar.

The TSX and Gold Both Set Records This Week. That Should Not Happen Together.

August 15, 2026

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