Bay Street May Open On Positive Note

Canadian markets were set to open higher on April 11, 2025, led by the materials sector after metals surged — notably gold hitting fresh record highs above $3,200/oz. Gold futures rose to $3,247.90 (up 2.22%), lifting commodity-linked stocks and supporting a positive tone for Bay Street, though rising China-U.S. tensions could limit gains. Energy futures were firmer (WTI ~$60.38/bbl) and industrial metals rallied (copper and silver up ~2–2.7%), while the S&P/TSX showed recent volatility after a sharp two-day swing. The piece also noted a corporate loss at Corus Entertainment and flagged geopolitical and tariff risks as potential headwinds to further upside.