The Canadian Index

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Chart comparing Friday's one-day price moves across five assets, showing gold, silver, and the TSX falling as WTI rose.

Five widely tracked assets moved in different directions on July 31. Gold, silver, and the TSX Composite all fell as the US dollar strengthened and the 30-year US Treasury yield jumped past 5.2%, a 19-year high, after the Federal Reserve pulled back its forward guidance. WTI crude moved the other way, rising as Iran's Revolutionary Guard Corps struck two tankers near the Strait of Hormuz. The Canadian dollar held roughly flat against its US counterpart despite the divergence elsewhere in markets.

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 tracking the S&P/TSX Composite through July's ceasefire collapse, near-record rally, and late-month pullback to a 35,226 close.

The S&P/TSX Composite closed July at 35,226, up 1.06% for the month, a modest headline figure that conceals sharp intra-month swings.

S&P/TSX Composite closes July up 1.06% after a volatile month

July 31, 2026

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Line chart comparing Brent and WTI crude oil prices through July's four-leg rally to $85.47.

Brent and WTI crude both surged in July, with WTI ending the month at $85.47, up 23.0%, after round-tripping from a five-month low near $68.74.

WTI and Brent crude surge in July as the Iran ceasefire collapses

July 31, 2026

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Line chart of WTI crude oil's daily closes from mid-June to July 31, rising to $85.47 after Hormuz tanker strikes.

WTI crude closed at $85.47 Friday, up 2.3% on the day, capping a volatile seven-week stretch.

WTI crude closes at $85.47 after tanker strikes near the Strait of Hormuz

August 1, 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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Chart comparing daily moves across seven major assets, with gold the only one declining Friday.

Gold was the only decliner among seven major assets tracked Friday, slipping as the US dollar strengthened even though the TSX, the S&P…

Gold Was the Only Asset to Fall Friday, as Six Others Rose

July 31, 2026

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