The Canadian Index

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Chart showing wide dispersion among TSX Composite stocks during Thursday's record session, with thirteen names moving more than four percent.

The TSX Composite closed at a fourth consecutive record Thursday, but the headline gain concealed sharp dispersion underneath. Thirteen constituents moved more than four percent in either direction, including Pan American Silver, which fell 9.78%, even as gold itself slipped only 1.35% following a cooler than expected US inflation print. The mismatch between the metal and the miner is a familiar pattern in behavioural finance after a well anticipated data release, often described as selling the news.

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 US 10 year Treasury yield easing toward 4.70 percent after a Treasury debt buyback announcement.

The 10-year Treasury yield eased toward 4.70% Wednesday after the US Treasury said it would step up buybacks of long-dated government debt,…

US 10-Year Treasury Yield Eases After Treasury Buyback Announcement

August 19, 2026

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Bar chart showing gold's December contract as the top-gaining asset class, up 2.72 percent, during a risk-on trading session.

Gold's December contract rose 2.72% to $4,540.90 Wednesday, its sharpest gain of the week and the top mover among seven asset classes…

Gold Rallies 2.72% as Top Mover in a Risk-On Session

August 19, 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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Line chart of gold spot prices from July 22 to August 13, 2026, showing a fresh record high Thursday.

Gold closed at a fresh high Thursday at 4,491.45 US dollars an ounce, up 0.41% on the day, extending a rally that has added more than 12% since mid-July.

Gold Spot Price Hits a Fresh High on August 13, 2026

August 13, 2026

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Line chart comparing the TSX Composite and gold spot price diverging on August 13, 2026, after Wednesday's TSX record.

The S&P/TSX Composite fell back below Wednesday's record close of 36,662 on Thursday, a session led lower by materials shares, the same day…

TSX Composite and Gold Spot Diverge After Wednesday's Record

August 13, 2026

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