US EditionS&P/TSX Composite Slides Even as Gold Rises Above US$5,000
Canada's main stock index fell 51.66 points as gold prices surged above US$5,000 an ounce amid U.S. tariff threats on Canadian goods, increasing market volatility.
- On Monday, Canada's S&P/TSX composite index reversed course and finished down 51.66 points at 33,093.32, while the S&P 500 index and Nasdaq composite rose.
- A surge in gold futures pushed prices above US$5,000 an ounce, with the February gold contract at US$5,082.50 and the March gold contract at US$5,099.00.
- Commodity and currency data show March crude oil contract slipped to US$60.54–US$60.63 per barrel, while the Canadian dollar traded near 73.07 cents US versus Friday.
- U.S. President Donald Trump threatened to impose 100 per cent tariffs on Canadian goods if Ottawa strikes a deal with China, raising trade risk.
- This report by The Canadian Press was first published Jan. 26, 2026, documenting market moves that unfolded on Monday.
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The TSX closed on a 0.16% loss on Monday, while the major U.S. indices grew and the gold was traded at more than US$5,000 a ounce.
Winnipeg Free Press
S&P/TSX composite slides even as gold rises above US$5,000
Breaking News, Sports, Manitoba, Canada
The price of gold in domestic markets and the global market continued to rise strongly as the end of today's Monday's dealings, recording new historical levels, as geopolitical and trade tensions escalated globally, and economic concerns increased, boosting investors' demand for yellow metal as a safe haven. Said Embabi, a gold market expert, said that gold prices on the domestic market had risen by about 65...
Stock Market Today Updates: Gold Breaks $5,000 as U.S. Markets Edge Up Ahead of Fed, Earnings
U.S. equity markets saw modest gains on Monday, January 26, 2026, as investors stayed cautious ahead of a key Federal Reserve policy decision and the beginning of a major tech earnings season. In a clear parallel move, gold prices set a historic record, breaking the $5,000-per-ounce barrier for the first time amid strong safe-haven demand linked to global tensions rising. U.S. Futures and Indices: Steady Gains Ahead of Pivotal Week The week bega…
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