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Bar chart showing gold miners driving TSX gains while auto parts stocks led decliners on August 24, 2026.

The S&P/TSX Composite added 0.26% Monday even though decliners outnumbered advancers, a gap covered almost entirely by three gold miners. Seabridge Gold, NovaGold and I-80 Gold posted gains in the high single to low double digits as gold futures pushed toward a fresh high, while Linamar, Magna and BRP absorbed the week's clearest trade-war losses. Small-cap miners typically move in larger percentage increments than bullion itself, which is why a modest gold gain was enough to offset the index's negative breadth.

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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