Particle.news

Download on the App Store

Mexico Stocks Hit Record Close on Gold-Fueled Rally as Peso Weakens

A gold surge powered mining shares.

Overview

  • The S&P/BMV IPC rose 1.5% to a record 59,747.88, its third all-time high of 2025, with year-to-date gains near 20%.
  • The FTSE BIVA advanced 1.47% to 1,196.22, remaining within 1% of its February 2024 peak.
  • Gold climbed past $3,500 an ounce to about $3,599.65, boosting precious-metals producers as Industrias Peñoles jumped roughly 7.3%; Pinfra and BanBajío also gained.
  • The peso weakened 0.42% to 18.7204 per dollar, according to Banco de México, as the U.S. dollar index advanced.
  • Grupo BMV highlighted market-opening initiatives during a Nasdaq bell-ringing at Mexico Investment Week, promoting tech upgrades, new products and SIC fee exemptions as traders await U.S. JOLTS and nonfarm payrolls.