S&P/TSX composite index closes up as gold rises, U.S. markets also higher
- Canada's main stock index, the S&P/TSX composite index, rose by 91.59 points to 26,615.75, aided by broad gains in various sectors.
- Gold prices increased by US$58.70 to US$3,402.40 an ounce, influenced by lower-than-expected U.S. inflation data.
- The weakening U.S. dollar led to the Canadian dollar trading at 73.46 cents U.S., up from 73.18 cents U.S. the previous day.
- U.S. markets closed higher, following gains in Canada's stock index.
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S&P/TSX composite index closes up as gold rises, U.S. markets also higher
TORONTO — Canada's main stock index pushed to another record close on Thursday, helped by a rise in the price of gold, while U.S. markets also closed higher after mixed trading earlier in the day. The S&P/TSX composite index closed up 91.
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