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Author: Starrob Big funky green star, 20000 posts Top Favorite Fools Old School Fool Ticker Guide Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 36  
Subject: Canadian stocks rise on record gold Date: 11/8/2010 6:28 PM
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"SAN FRANCISCO (MarketWatch) — Canadian gold miners lifted the broader market Monday, as a renewed surge in bullion futures boosted the sector.

Toronto’s benchmark S&P/TSX Composite Index (CA:$ISPTX 13,052, +127.37, +0.99%) gained 127.4 points, or 1%, to finish at 13,052, its highest level since early September 2008, before the collapse of Lehman Bros.

The benchmark index has been trading higher since the U.S. Federal Reserve’s $600-billion stimulus announcement last week, which boosted commodities across the board and lifted Canada’s resource-heavy market. See MarketWatch’s Canada page.

Gold (GCZ10 1,409, +5.40, +0.38%) for December delivery soared past the $1,400-an-ounce mark to finish up $5.50, or 0.4%, at $1,410 an ounce on the Comex division of the new York Mercantile Exchange. Read about gold’s rally. "

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