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FX.co ★ TSX Futures Edge Up as Gold Gains Offset Oil Weakness

TSX Futures Edge Up as Gold Gains Offset Oil Weakness

Futures linked to the S&P/TSX Composite Index inched higher on Friday, supported by rising gold prices as growing fears of a possible US–Iran conflict boosted demand for safe-haven assets and lifted mining shares. Gold extended its gains as investors sought safety, even as energy stocks retreated amid a pullback in oil prices, with traders showing little concern about potential supply disruptions. In corporate developments, gold producers Lundin Gold and Eldorado Gold reported better-than-expected fourth-quarter profits, providing additional support to the materials sector.

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