Toronto stocks moved up Monday, setting a new record close, as investors poured money into the resource sectors.

The S&P/TSX composite index gained 58.82 points, or 0.42%, to 14,177.52, just beating out the previous record set in mid-June.

Eight of the 10 TSX main sub-groups moved up.

The energy index gained 0.50%.

Light, sweet crude finished down 62¢ at US$72.19 a barrel.

EnCana Corp. gained 92¢, or 1.40%, to $66.49.

The materials gained 0.94%, while the gold sub-index moved up 1.31%.

Gold futures finished up $7.70 at US$662.50 an ounce.

Goldcorp Inc. gained 36¢, or 1.33%, to $27.33.

The utilities group gained 1.28%.

TransAlta Corp. gained 86¢, or 2.98%, to $29.68.

The S&P/TSX Venture composite index gained 22.53 points, or 0.69%, to 3,271.88.

The Canadian dollar lost 0.06 of a cent to US95.39¢, ahead of Tuesday’s interest rate announcement by the Bank of Canada.

It is widely expected that the central bank will hike its key interest rate for the first time in over a year, by a quarter-point to 4.5%t, to keep inflation under control.

In New York, markets moved up on investor optimism ahead of the start of earnings season.

The Dow Jones industrial average gained 38.29, or 0.28%, to 13,649.97, the Nasdaq composite index gained 3.51, or 0.13%, to 2,670.02, The S&P500 edged ahead 1.41, or 0.09%, to 1,531.85.