Gold-Driven Mining Surge Lifts TSX Higher on Second Consecutive Day

The Toronto Stock Exchange (TSX) closed 1.8% higher on February 9, 2026, as mining shares surged on the back of rising gold prices and positive economic data. The S&P/TSX Composite Index ended at 16,423.55, up 29.39 points. Gold futures rose to $2,345.50 per ounce, up 2.1% from the session's open, spurring gains in junior and major miners. Key miners like Goldcorp (GOLD) and Newmont (NEM) added to the index's advance. The rally reflects continued strength in precious metals amid stable central bank buying and improved risk sentiment.