TSX Futures Dip Amid Weaker Gold Prices, Rising Oil Tensions

Futures tracking Canada's benchmark index, the TSX, slipped on Tuesday as weaker precious metal prices weighed on sentiment ahead of key U.S. inflation data due later this week.

The S&P/TSX index September futures were down 0.33% at 06:05 a.m. ET, while investors looked ahead to Friday's U.S. inflation report.

Spot gold prices edged 0.2% lower, extending declines as increased rate hike expectations diminished the non-yielding bullion's appeal.

Brent crude futures and West Texas Intermediate crude hit multi-week highs after Yemen's Houthis attacked energy facilities in Saudi Arabia, raising fears of prolonged energy disruptions.