TSX futures rise on precious metals rally ahead of Fed, Bank of Canada rate calls

Jan 27 (Reuters) – Futures linked to Canada’s main stock index rose on Tuesday as precious metals extended gains, a day ahead of interest rate calls from the U.S. Federal Reserve and the Bank of Canada. March futures on Toronto’s S&P/TSX Composite Index were up 0.44% as of 5:55 a.m. ET. Toronto’s benchmark stock index retreated from an intraday record high on Monday, as investors booked profits amid surging commodity prices. Spot silver jumped 8.1% on Tuesday, and gold rose 1.4%, extending record highs set in the previous session as safe-haven demand persisted amid geopolitical concerns. U.S.-Canada tensions have intensified…