TSX futures rise as gold climbs, oil dips amid Mideast peace talks hopes

TSX futures rose as markets reacted to easing geopolitical risk, with hopes for a U.S.-Iran diplomatic breakthrough and possible de-escalation in the Middle East. The article says gold prices strengthened while oil reversed earlier gains and fell sharply, reflecting reduced immediate fear of supply disruption through the Strait of Hormuz. Lower oil prices helped calm inflation concerns and supported bullion, while the U.S. dollar index steadied. U.S. stock futures also advanced, with gains in Dow, S&P 500, and Nasdaq 100 futures, suggesting broader risk appetite improved alongside the drop in crude. For Canada, the TSX’s energy-heavy composition means falling oil can weigh on energy shares, though gold strength may provide some offset through miners and precious metals exposure.