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Market Open: Gold Prices Boost TSX Amid Lower U.S. Dollar |  Monday, Feb 24, 2025

Lyndsay Malchuk Lyndsay Malchuk, The Market Online
0 Comments| February 24, 2025

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After last weeks major sell off, gold is shining as the strong contender to kick off the week, boosting Canada’s main stock index.

Market Numbers: (Futures)

TSX : UP (0.54%) 25,282.82
TSXV: Down (1.46%) 634.69
DOW: Down (0.47%) 44,059.00
NASDAQ: Up (0.35%) 22,218.50
FTSE: Down (0.001%) 8,659.26

In the Headlines

As Canada faces the prospect of severe U.S. tariffs under President Donald Trump’s repeated threats, approximately half of Canadians and Americans perceive their economies to be in a state of recession, according to a new poll.

And The new U.S. presidential administration was expected to bring a wave of dealmaking, yet market uncertainty and ever-evolving trade regulations have led some tech companies to hesitate about going forward with initial public offerings.

Currencies Update: (Futures)

The loonie is showing green across the board this morning gaining 0.09% to the greenbackto $1.795 holding flat at $0.6719 against the Euro.

Bitcoin loses 0.28% to $136,021.84

Commodities: (Future)

Natural Gas: Down (5.65%), 3.92
WTI: Down (3.04%), 70.272
Gold: Up (0.35%), 2,948.18
Copper: Up (0.01%) 6.11

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