Gold Stocks Push S&P/TSX to Record on Greenland Tensions

Pedestrians in the financial district of Toronto.

Photographer: Laura Proctor/Bloomberg

Canadian equities extended their winning streak to a fourth session Monday on gains by gold and silver miners, as precious metals prices surged in response to US President Donald Trump’s tariff threats against Europe over Greenland.

The S&P/TSX Composite Index ended the session roughly 0.2% higher, notching a fresh record. Materials was the best performer of 11 sectors. Iamgold Corp. led the index after releasing better-than-expected preliminary productionBloomberg Terminal figures.