Precious metal prices send S&P/TSX composite lower, U.S. markets also decline

Silver prices slumped 8.7%, but they have still more than doubled overall in 2025.“The price action of silver is the big story today and it’s what’s been driving the returns for the whole index in Canada, considering that now materials are getting very big in the index. The whole sector in Canada is down almost 3% on the day on the back of this little silver correction,” Gauthier said.He added that during this time of year, markets are slow and move on lower volume, making it prone to volatility.Going into ...