Canadian stocks drop as gold plunges, inflation accelerates - CMT News

Canadian Stocks Decline

Canada's stocks benchmark fell on Tuesday, underperforming its US counterpart. Inflation in the country accelerated more than expected, while declining gold prices weighed on the mining sector.

The S&P/TSX Composite Index dropped as much as 1.8% as of 11:55 a.m. in Toronto, heading for its worst day since April 10.

In contrast, the US benchmark, the S&P 500, is gaining for a third-straight session.

Written by Bloomberg, October 21, 2025

Authors: Geoffrey Morgan and Monique Mulima.

Author's summary: Canadian stocks fell due to inflation and gold prices.

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