CANADA STOCKS-Golds help TSX extend rally

Wed Oct 13, 2010 11:17am EDT
 
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TORONTO Oct 13 (Reuters) - A strong advance in gold-mining and other resource stocks helped Toronto's main stock index rise 1 percent on Wednesday morning.

Commodity prices got a boost as the U.S. Federal Reserve signaled the U.S. economy may need extra stimulus, with bullion prices hitting a record high.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE climbed 125.41 points, or 1 percent, to 12,701.05. (Reporting by Ka Yan Ng; editing by Peter Galloway)