TSX falls 1 percent on weaker metals and regional tension

The S&P/TSX composite index dropped 1 percent at the open on Thursday as falling gold prices hit materials. Investors are monitoring US and Iran relations.

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Canada's primary stock index opened lower on Thursday, as losses in the materials sector and geopolitical uncertainty in the Middle East weighed on investor confidence.

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