CANADA STOCKS-TSX falls as lower metal and oil prices weigh
(Adds details throughout on stocks and sectors, updates prices)
* TSX down 40.77 points, or 0.28 percent, to 14,724
* Four of the TSX's 10 main groups lower
TORONTO, Aug 24 (Reuters) - Canada's main stock index fell on Wednesday as lower metal and oil prices weighed on resource stocks, offsetting gains for financials after Royal Bank of Canada reported better-than-expected earnings.
The materials group, which includes precious and base metals miners and fertilizer companies, lost 2.9 percent.
Copper prices fell to eight-week lows as rising inventories in Asian warehouses fueled fears about weaker demand to come in top consumer China, while spot gold fell 0.9 percent ahead of a speech by Federal Reserve Chair Janet Yellen on Friday which will be closely watched for further clues on U.S. interest rate policy.
Barrick Gold Corp fell 5.7 percent to C$24.46, while Silver Wheaton was down nearly 5 percent at C$34.99.
Energy stocks dipped 0.1 percent as oil fell.
U.S. crude prices were down 1.1 percent to $47.59 a barrel as data pointing to a potential build in domestic crude stockpiles offset speculation of an output freeze by major oil producers. Continued...