TSX Drops as Gold Falls and Nvidia CEO Exits

Canadas main stock index fell as a drop in gold prices weighed heavily on mining shares. Investors globally also reacted to the departure of Nvidia CEO Jensen Huang, while bond yields rose and energy stocks gained.

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The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren

Canada's main stock index fell 274.53 points, or 0.75%, to 36,137.19 on Thursday afternoon as Gold hit its lowest level since October 2025. The drop extends a choppy trading pattern following the index's peak earlier in the week. Markets globally also absorbed the sudden exit of NVIDIA CORP CEO Jensen Huang.