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Gold Summary for Aug. 27, 2025

2025-08-27 17:44 ET - Market Summary

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by Stockwatch Business Reporter

New York spot gold rose $1.10 Wednesday to $3,393.50. The TSX Venture Exchange rose 0.79 point to 813.23 while the TSX gold index slipped 3.21 points to 597.32. Most gold miners with Canadian listings moved lower today. Barrick Mining Corp. (ABX) lost 59 cents to $36.45 on 5.21 million shares and Lundin Gold Inc. (LUG) fell $1.65 to $82.53 on 628,000 shares. Wesdome Gold Mines Ltd. (WDO) resisted the trend, adding 75 cents to $18.09 on 1.59 million shares.

Rauno Perttu's Provenance Gold Corp. (PAU) fell two cents to 16 cents on 5.1 million shares. The company has results from the first 10 holes of its 2025 drill program at Eldorado West in eastern Oregon. All of the holes, drilled to about 250 metres each, hit mineralization, the company cheered. The grades were modest -- no shock since the effort targeted bulk-tonnage mineralization -- with the headline hit returning 0.54 gram of gold per tonne across 25.91 surface-based metres.

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