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TSX rises as oil and gold shares rally

Reuters - Jan 30, 2015
Canada's main stock index edged higher on Friday as a jump in oil and bullion prices pushed up gold-mining and energy shares, overcoming a decline in financial stocks following sluggish U.S. economic data.

U.S. economic growth slowed in the fourth quarter, following two quarters of strong growth, government data showed.

A 13.1 percent drop in Eldorado Gold also weighed on the market. The stock fell after Greece's new left-wing government said it is firmly opposed to the Canadian company's plan for a gold mine in the country.

The benchmark TSX index declined over the week but ended January slightly higher. Market volatility shot up during the month.
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