FX.co ★ TSX Futures Climb with Support from Mining Stocks

Futures associated with the S&P/TSX Composite Index advanced on Tuesday, building on the previous record close of 32,000, driven by an ongoing surge in gold prices. The mining sector remains a key area of attention as gold appreciated approximately 1%, bolstered by a softer US dollar and enduring geopolitical tensions that have increased the appeal of safe-haven assets. Meanwhile, oil prices experienced a slight uptick, providing additional support to domestic energy companies. Additionally, the Goodman Group of Australia announced a collaboration worth $9.32 billion with the Canada Pension Plan Investment Board to develop data centers throughout Europe.