Gold lifts markets

Melisa R. H. Posted On January 26, 2026

Investors continue to flock to gold as a safe harbour in these uncertain geopolitical times and pushed the mineral past US$5,000 an ounce on Monday. Gold gained US$35 to a new high of US$5,022, helping to lift the Wall Street indices: the S&P 0.5%, the Nasdaq 0.43% and the Dow 0.64%. Another driver was megatech earnings this week and some investors are buying into the print. Major movers: Arista Networks 5.41%, DataDog 5%, Apple 2.97%, Intel -5.72% and Trade Desk -7.5%. As the next U.S. Fed meeting looms, the U.S. 10-year yield edged down to 4.213%.

Though minerals were the strongest sector on Bay Street, its surge couldn’t stop the TSX from fading into the close. The TSX slipped 0.16%. Only four sectors were positive. Healthcare and staples led the laggards. Major movers: Ivanhoe Mines 4.48%, B2Gold 1.24%, Bombardier -9.34%, Energy Fuels -8.46% and Novagold Resources 5.53%. WTI slipped 0.45% to US$60.80.

💾 Arista Networks (ANET-N) +5.41%

💾 Datadog, Inc. (DDOG-Q) +5%

🍎 Apple Inc (AAPL-Q) +2.97%

💾 Intel (INTC-Q) -5.72%

💾 Trade Desk (TTD-Q) -7.5%

⛏ Ivanhoe Mines Ltd (IVN-T) +4.48%

🥇 B2Gold Corp. (BTO-T) +1.24%

🧬 Bombardier Inc (B) (BBD.B-T) -9.34%

⛏ Energy Fuels Inc. (EFR-T) -8.46%

🥇 NovaGold Resources Inc (NG-T) +5.53%