CANADA STOCKS-TSX hangs on to gains as gold rallies
* TSX up 21.66 points at 11,591.49
* Gold stocks rally 3 percent
* Consumer staples, telecoms up
* Base metals weigh
* RIM sinks 4 pct ahead of new iPhone launch (Updates prices, adds details, quotes)
By Claire Sibonney
TORONTO, June 7 (Reuters) - Toronto's main stock index rose after a wobbly start on Monday as lingering global economic uncertainty powered a rally in safe-haven gold shares, but weakness in base metals limited the gains.
Gold erased early losses to hit a three-week high but copper tumbled to eight-month lows as investors, fearing a meltdown in the euro zone, fled commodities and other assets perceived to be risky. [GOL/] [MET/L]
Gold-mining stocks soared more than 3 percent with Barrick Gold Corp ABX.TO, the world's largest producer, up 3.4 percent at C$45.44, and Goldcorp Inc G.TO 3.4 percent higher at C$46.28. Continued...