03:39:45 EST Sat 07 Feb 2026
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Gold Summary for Feb. 6, 2026

2026-02-06 17:13 ET - Market Summary

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by Stockwatch Business Reporter

The bullion whipsaw continued today, as New York spot gold regained $172.90 ending the week at $4,949.40. The TSX Venture Exchange recovered lost ground, rising 45.69 points to 1,015.34, while the TSX gold index added 42.40 points to 923.70. Serabi Gold PLC (SBI), silent since November, added 35 cents to $5.21 on 53,000 shares. New Gold Inc. (NGD) kept it company, rising $1.55 to $14.48 on 5.3 million shares. Ero Copper Corp. (ERO), on the other hand, glowered like the red light on the dashboard of a stalled car: It shed $1.36 to $41.82 on 1.34 million shares on a strong -- just not strong enough -- 2025 production report.

Kimberly Ann's Lahontan Gold Corp. (LG), which jumped 3.5 cents to 26 cents on 2.61 million shares, has drilled a 54.9-metre near-surface interval with 0.52 gram of gold and 40.5 grams of silver per tonne at its Santa Fe West project, a satellite to its Santa Fe mine in the Walker Lane district of Nevada. There were two distinctly richer subintervals. One managed 0.85 gram of gold and 66 grams of silver per tonne across 16.8 metres, while a deeper one yielded 0.7 gram of gold and 52.22 grams of silver per tonne over 13.7 metres. That left 24.4 metres of layered low-grade rock with 0.19 gram of gold and 16.4 grams of silver per tonne.

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