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Gold Summary for April 14, 2025

2025-04-14 18:26 ET - Market Summary

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by Stockwatch Business Reporter

Bullion had a rare off day since the tariff war began earlier this year. New York spot gold fell $27 to $3,209 as most global stock markets cautiously advanced today. The TSX Venture Exchange added 12.53 points to 628.33 while the TSX gold index rose 0.85 point to 483.74. Today's moves were not as extreme, but a few precious metals miners were more adventurous than their peers. Silver X Mining Corp. (AGX) rose two cents to 17 cents on 22.91 million shares while Lundin Gold Corp. (LUG) advanced $3.01 to $51.86 on 1.13 million shares. Dundee Precious Metals Inc. (DPM) fell eight cents to $18.84 on 53.94 million shares.

Keith Boyle's New Found Gold Corp. (NFG) lost five cents to $1.54 on 944,000 shares. The company has sold senior secured notes of Maritime Resources Corp. (MAE: $0.10) for $2.78-million. It bought the notes in the summer of 2023 for $2.64-million, and since then it collected about $500,000 in interest. New Found Gold also received 15.32 million warrants when it bought the notes, and with those warrants exercisable at seven cents, they are currently in the money.

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