Gold, the Canadian dollar, and the TSX all fell Friday while the Dow, S&P 500, and Nasdaq rose, after new Federal Reserve Chair Kevin Warsh's first Jackson Hole speech read as more hawkish than expected. Warsh said summer's cooler inflation readings do not show a meaningful improvement in the underlying trend, pushing the US 10-year Treasury yield to 4.71 per cent and lifting the US dollar against the loonie, which slipped to 71.97 cents. A stronger dollar and higher yields typically weigh on gold and on the TSX's resource-heavy composition.
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.
Related charts
Brent crude jumped on September 23, 2026, yet the Canadian dollar weakened for a third session as rising US rate expectations outweighed oil.
Brent Jumps While the Canadian Dollar and TSX Fall in the September 23 Session
September 23, 2026
View chart & download
The S&P/TSX Composite fell on September 23, 2026, even as crude oil rallied, because losses in gold miners outweighed modest gains in energy stocks.
TSX Composite Falls Despite an Oil Rally as Gold Stocks Slide
September 23, 2026
View chart & download
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
View chart & download
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
View chart & download
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
View chart & download
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
View chart & download