Tuesday, September 21, 2021
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Big jump in gold prices push North American stock markets up; loonie above 80 cents


TORONTO – A giant leap in gold costs prompted North American inventory markets to bounce again in late-morning buying and selling whereas the Canadian greenback returned above 80 cents US.

The S&P/TSX composite index was up 110.34 factors at 20,340.74.

In New York, the Dow Jones industrial common was up 182.62 factors at 35,113.55. The S&P 500 index was up 20.92 factors at 4,421.56, whereas the Nasdaq composite was up 51.23 factors at 14,813.81.

The Canadian greenback traded for 80.35 cents US in contrast with 79.58 cents US on Wednesday.

The September crude oil contract was up 68 cents at US$73.07 per barrel and the September pure gasoline contract was up 6.9 cents at almost US$4.04 per mmBTU.

The December gold contract was up US$28.70 at US$1,833.30 an oz. and the September copper contract was up 4.7 cents at US$4.53 a pound.

This report by The Canadian Press was first revealed Month Date, 2021.

Corporations on this story: (TSX:GSPTSE, TSX:CADUSD)



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