RY 167.32 0.7952% SHOP 156.84 0.1852% TD 87.295 0.6979% ENB 63.73 0.5522% BN 79.19 -0.1387% TRI 247.45 0.7082% CNQ 44.49 0.9301% CP 103.64 -1.267% CNR 140.22 -0.7573% BMO 140.7 0.8674% BNS 69.62 0.6069% CSU 4745.0 0.3269% CM 83.02 0.6791% MFC 45.15 0.512% ATD 70.57 0.6992% NGT 68.24 1.8052% TRP 70.02 -0.7653% SU 54.83 -0.4177% WCN 275.71 0.9224% L 195.87 1.6292%

Gold Report

One Material Stock Under the Radar – TXG

Mar 13, 2025

TXG:TSX
Investment Type
Mid - Cap
Risk Level
Action
Rec. Price (CA$)

Section1: Commodity Update:

On March 12, 2025, gold prices remained above $2,930 per ounce, close to record highs, as rising global trade tensions fueled safe-haven demand. Recently, President Donald Trump threatened more taxes on EU goods after the EU and Canada retaliated against existing US trade obstacles. The U.S Commerce Secretary also stated that Trump would implement trade barriers on copper. Meanwhile, both headline and core US inflation fell short of expectations, calming investors about disinflation efforts and providing the Federal Reserve with greater room to take a less restrictive approach. However, the impact of tariffs is yet to manifest, and inflation may climb again in the coming months.

Data Source: Trading Economics 

Section2: Company Overview and Fundamental Insights:

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