India, Aug. 7 -- Canadian stocks moved to the upside during trading on Friday, more than offsetting the modest pullback seen in Thursday's session.
The benchmark S&P/TSX Composite Index advanced early in the session and remained firmly positive throughout the day before closing up 244.92 points or 0.7 percent at a new record closing high of 36,381.23.
The strength on Bay Street came as gold stocks moved sharply higher along with the price of the precious metal, with the S&P/TSX Global Gold Index soaring by 6.6 percent.
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