Gold Stocks Lift TSX as US Tariffs Rise

Canadas stock index rose as climbing gold prices boosted mining shares. Investors weighed new U.S. tariffs on Canadian goods following the breakdown of trade negotiations.

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The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren

Canada's S&P/TSX Composite Index rose 0.26% to 36,714.12 points on Monday afternoon, lifted by gold stocks as bullion prices climbed. Investors weighed new United States tariffs on Canadian goods following the breakdown of trade negotiations last week. The move highlights the commodity-sensitive nature of the index amid escalating bilateral trade tensions.

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