Morningstar

Canadian Gold Shares Plunge as the Metal Price Retreats

Provided by Dow Jones Mar 3, 2026, 4:03:00 PM

By Robb M. Stewart

Gold miners were among the hardest hit as Toronto stocks were beaten down Tuesday amid investor worries about an escalation of the conflict in the Middle East.

The U.S. dollar held firm but the price of gold retreated, pulling back on the precious metal's strong advance of late.

Outpacing a 3.8% drop by the Toronto Stock Exchange's S&P/TSX Composite Index, Barrick Mining sank 10% to C$62.14 and Agnico Eagle Miners fell 9% to C$313.73. That narrowed gains for the two gold producers built up over the past three months thanks to gold's safe-haven status to 9.6% and 33%, respectively.

B2Gold declined 10% to C$7.34, Kinross Gold retreated 11% C%44.99 and Wheaton Precious Metals was down 11% to C$202.06.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

March 03, 2026 11:03 ET (16:03 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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