18:43:37 EST Sun 16 Nov 2025
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Gold Summary for Oct. 17, 2025

2025-10-17 17:37 ET - Market Summary

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by Stockwatch Business Reporter

Gravity recovered its force today, tugging New York spot gold downward by $88.80 to $4,236.50 to end the week. The TSX Venture Exchange was along for the ride, crashing 41.78 points to 965.58, while the TSX gold index fared worse, slumping 59.01 points to 756.15. Where to start? Most anywhere: K92 Mining Inc. (KNT) shed $2.21 to $19.05 on 2.74 million shares, Americas Gold and Silver Corp. (USA) lost 62 cents to $6.29 on 3.18 million shares and Silver X Mining Corp. (AGX) slid five cents to 60 cents on 7.11 million shares.

Some of the slumping gold miners tripped market circuit breakers on their plunge. Wesdome Gold Mines Ltd. (WDO), which ended the day down $1.86 to $22.73 on 1.57 million shares, took a five-minute timeout in midmorning at $23.13 because it had been as low as $21.02 just a few minutes before. There was nothing new from Wesdome and has not been in nearly a month, but shareholders were spooked.

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