Economy & Markets

Oil and gold prices climb; Wall Street posts modest gains

By Canadian Press |
Source: The Canadian Press

Rallying metals and energy shares led a broad-based advance on Canada's main stock index on Friday.

The Toronto Stock Exchange's S&P/TSX composite index was up 64.97 points to 15,807.17.

In New York, the Dow Jones industrial average added 30.71 points to 22,871.72. The S&P 500 index inched up 2.24 points to 2,553.17 and the Nasdaq composite index gained 14.29 points to 6,605.80.

The Canadian dollar was trading at an average price of US80.08¢, up 0.10 of a cent.

The November crude contract advanced US85¢ to US$51.45 per barrel and the November natural gas contract was up US1¢ at US$3.00 per mmBTU.

The December gold contract rose US$8.10 to US$1,304.60 an ounce and the December copper contract was up US1¢ to US$3.13 a pound.