Gold Boosts TSX Futures Amid Global Market Volatility
Futures tracking Canada's stock market, known as TSX Futures, rose on Friday as higher gold prices supported mining stocks.
The increase in gold prices is due to investors turning to safe-haven assets amid heightened volatility across currency and bond markets.
Gold prices have been rising due to the uncertainty surrounding global markets, leading investors to seek refuge in traditional havens like gold. This has had a positive effect on mining stocks, which are closely tied to the price of gold.