Canada's TSX Closes Up 0.4% on Friday as Gold Mining Stocks Rally

Canada's S&P/TSX Composite Index closed up 129.79 points, or 0.4%, at 34,980.00 on Friday (June 26). Rising gold prices boosted metal mining stocks, while the broader market's gains were tempered by investor concerns over potential inflation from the artificial intelligence boom. The materials sector, including metal mining companies, rose 1% as gold prices gained 1% following a pullback in the U.S. dollar.
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