CANADA STOCKS-Mining shares lead TSX lower as metal prices cool

Reuters
2025.12.29 15:40
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Canada’s main stock index, the S&P/TSX, fell 0.4% to 31,873.49 points as mining shares led losses due to a pause in precious metals rally. Gold prices dropped 3.5% and silver slid 8.5%. Despite this, the index is set for a 2% gain in December, marking its eighth consecutive monthly gain. Energy shares rose 0.9% amid rising oil prices. Market participants await U.S. Federal Reserve meeting minutes, while Prime Minister Carney announced $2.5 billion in economic aid for Ukraine. Energy Fuels saw a 5.6% gain after exceeding sales forecasts.