Gold Sector and Canada

Canada: The S P/TSX composite index climbed 14.38 points to 15,202.09. The TSX gold sector was up about 1.6 per cent, as nervous investors pushed December bullion ahead $22.90 to $1,308.20 U.S. an ounce, according to The Toronto Star, Canada. The trade improvement came as exports from Canada rose 1.1 per cent to a record high of $45 billion in June, while imports to Canada declined 1.8 per cent and The Toronto stock market closed slightly higher Wednesday, as worries about growing Russian troop strength on the border with Ukraine helped increased the price of gold and lifted gold stocks. The Canadian dollar was up 0.39 of a cent to 91.63 cents U.S. . Earlier, Statistics Canada reported that the trade surplus shot up to $1.9 billion in June from a revised $576 million in May. Economists had generally expected a $100 million deficit. (news.financializer.com). As reported in the news.