TSX, U.S. markets rally Friday, gold price tops US$3,000 an ounce for first time
Posted March 14, 2025 10:16 am.
Canada’s main stock index gained 1.5 per cent Friday, rallying alongside U.S. markets to end an otherwise grim week for equities,while the price of gold topped US$3,000 an ounce for the first time ever.
The S&P/TSX composite index closed up 350.17 points at 24,553.40.
In New York, the Dow Jones industrial average was up 674.62 points at 41,488.19. The S&P 500 index was up 117.42 points at 5,638.94, while the Nasdaq composite was up 451.07 points at 17,754.09.
The Canadian dollar traded for 69.50 cents US compared with 69.40 cents US on Thursday.
The April crude oil contract was up 63 cents at US$67.18 per barrel and the April natural gas contract was down a penny at US$4.17 per mmBTU.
The April gold contract was up US$9.80 at US$3,001.10 an ounce and the May copper contract was down three cents at US$4.90 a pound.
