Toronto index falls, while price of gold continues streak of record highs

Toronto index falls, while price of gold continues streak of record highs
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TORONTO — Major North American indexes dipped into the red today while gold continued its streak of record highs.

The S&P/TSX composite index shed 40.01 points to 16,121.32.

In New York, the Dow Jones industrial average fell 205.49 points to 26,379.28. The S&P 500 index slipped by 20.97 points to 3,218.44, while the Nasdaq composite retreated 134.18 points to 10,402.09.

The Canadian dollar traded for 74.78 cents US compared with 74.75 cents on Monday.

The September crude contract fell 56 cents to US$41.04 per barrel and the September natural gas contract rose nearly eight cents to US $1.86 per mmBTU.

The August gold contract advanced US$13.60 to US$1,944.60 an ounce and the September copper contract gained two cents to roughly US$2.92 a pound.

This report by The Canadian Press was first published July 28, 2020.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

 

The Canadian Press


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