June 11 (Reuters) - Futures tracking Canada's blue-chip stocks edged higher on Thursday, supported by a rise in gold prices, while lingering geopolitical tensions kept investors cautious.
June futures on the S&P/TSX index were up 0.9% at 6:21 a.m. ET (1021 GMT).
The U.S. and Iran traded air attacks for a second straight day on Thursday, with President Donald Trump vowing further strikes if Tehran does not immediately agree to a peace deal.
Spot gold and silver rose 0.3% each as investors covered their short positions, though concerns around higher inflation and U.S. interest rates capped gains.
Oil prices fell near 1% as traders assessed the actual impact on supply disruptions.
Canada's S&P/TSX Composite Index (.GSPTSE), fell to a three-week low on Wednesday as U.S.-Iran tensions rose, while the Bank of Canada left interest rates on hold as expected.
Trump said on Wednesday that the U.S. might not renew its free trade agreement with Canada and Mexico and criticized trade deficits with those countries, although he said he was talking with their leaders about the matter.
Canadian generic drug maker Apotex Health (APTX.TO), made its Toronto market debut on Wednesday, raising about C$1.3 billion in gross proceeds — the largest IPO for the TSX in five years.
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Reporting by Tharuniyaa Lakshmi in Bengaluru; Editing by Sahal Muhammed
