Feb 6 (Reuters) - Futures for Canada's main stock index rose on Friday, indicating a positive start to the day after a sharp selloff in the previous session, as precious metals rebounded and oil prices climbed ahead of U.S.–Iran negotiations in Oman.

March futures on S&P/TSX composite index were up 0.54% as of 5:55 a.m. ET.

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Toronto's resources-heavy benchmark index (.GSPTSE) , opens new tab slumped on Thursday, dragged down by mining shares after a pullback in precious metals, while energy shares also weighed as oil retreated.

But investors rushed towards safe-haven assets on Friday as tech stocks on Wall Street tumbled for the seventh straight session on Thursday.

Spot gold gained 2.1%, and looked set for a modest weekly gain, while silver climbed 4.1%, though still on track for steep weekly losses.

Oil prices also advanced, though they looked set for the first weekly decline in seven, with investors concerned about lack of consensus on the meeting agenda between the U.S. and Iran. Brent crude futures and U.S. West Texas Intermediate crude were up 0.25% each.

On the macroeconomic front, investors will turn their attention to Canada's jobs data for January, due on Friday.

In corporate news, cheese maker Saputo (SAP.TO) , opens new tab reported third-quarter revenue after the bell on Thursday that missed analysts' estimates, while energy firm Arc Resources' (ARX.TO) , opens new tab fourth-quarter revenue beat estimates.

Capstone Copper (CS.TO) , opens new tab said on Friday that full operations have resumed at Chile's Mantoverde mine following an end to a labor strike.

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https://www.reuters.com/business/gold-oil-prices-lift-tsx-futures-ahead-us-iran-talks-2026-02-06/