Canadian Mining Report

Two Canadian provinces were near the  top of the Fraser Institute's 2025 Mining Survey's Investment Attractiveness Index and most saw gains.

Gold collapsed -9.5% to US$4,575/oz, its worst weekly drop in decades, with the immediate trigger the US Fed holding rates flat and indicating the potential for hikes, although a major factor was also likely rising speculative excesses in recent months. Learn more on our website: canadianminingreport.com/news/custom/go… #CanadianMiningReport #Gold #Investing

Gold declined -1.6% to US$5,062/oz as the Middle East conflict continued to drive soaring energy prices, potentially shifting fund flows away from the metal which has stagnated for two months after strong gains in the first four weeks of this year. Visit our website to learn more: canadianminingreport.com/news/custom/oi…

Gold declined -1.4% to US$5,159/oz, partly from a rise in the US$, which seems to have resumed its role as a safe haven following a continued escalation of the Middle East conflict, that saw oil surge 35.6%, strongly outperforming other major assets. Learn more in our weekly roundup: canadianminingreport.com/news/custom/ca…

Gold rose 3.3% to US$5,248/oz, and after the huge jump in political risk over the weekend with the US attack on Iran and retaliatory strikes, its has now regained the previous highs of US$5,400/oz reached in late January 2026. Learn more on our website: canadianminingreport.com/news/custom/go… #CanadianMiningReport

The major metals rally has started to stagnate, with gold struggling to reach new highs and the other precious metals plunging over the past month and the base metals flattening for two months.

Gold rose 1.2% to US$5,081/oz, back above the key US$5,000/oz benchmark for a third time, after seeing resistance and dropping below this level twice over the past month, with the main economic driver this week the resurgence of US tariff concerns. Learn more in our weekly roundup: canadianminingreport.com/news/custom/bi… #CanadianMiningReport

Gold rose 1.8% to US$5,040/oz, back above US$5,000/oz after a week below this level, as US CPI inflation came in below forecasts, continuing an overall downtrend in inflation over the past few months and boosting expectations for further rate cuts. Learn more in our weekly roundup: canadianminingreport.com/news/custom/bi… #CanadianMiningReport

Gold rose 5.6% to US$4,980/oz, heading back up towards US$5,000/oz after plunging over -5.0% last week following a brief rise above U$5,300/oz, and while silver declined, the gold to silver ratio was still well below the medium-term average. Visit our website to learn more: canadianminingreport.com/news/custom/go… #CanadianMiningReport

Gold dropped -5.3% to US$4,714/oz, plunging from over US$5,300/oz, with silver, platinum and palladium down more severely, with the ostensible driver a hawkish new Fed chairman, but the underlying cause a reversal of major speculative inflows. Learn more in our weekly roundup: canadianminingreport.com/news/custom/me… #CanadianMiningReport

Gold dropped -5.3% to US$4,714/oz, plunging from over US$5,300/oz, with silver, platinum and palladium down more severely, with the ostensible driver a hawkish new Fed chairman, but the underlying cause a reversal of major speculative inflows. Learn more in our weekly roundup: canadianminingreport.com/news/custom/me… #CanadianMiningReport

Gold rose 7.8%, up nearly US$400/oz to US$4,976/oz, and looks set to soon reach US$5,000/oz, as the metal continues to have strong fundamental support but has also been catalyzed by likely rising speculative flows into the precious metals boom. Learn more in our weekly roundup: canadianminingreport.com/news/custom/on… #CanadianMiningReport