(Updates to close)

By Nivedita Balu

Oct 6 (Reuters) - Canada's main stock index closed at a

record high on Monday, fueled by positive sentiment from Wall

Street and gains in mining and tech stocks.

Toronto's S&P/TSX composite index climbed 60.20

points, or 0.20%, to 30,531.88, closing its seventh consecutive

session of gains and building on its 2.4% gain from the previous

week.

The bullish momentum mirrored Wall Street, where markets

rallied after AMD announced a chip-supply partnership

with OpenAI, becoming the latest in a series of artificial

intelligence deals that have driven markets higher recently.

"The market just keeps climbing higher and it feels like

commodities are definitely leading. Gold is on $4,000 watch...

It's putting more emphasis on the material sector," said Greg

Taylor, chief investment officer at PenderFund Capital

Management.

Materials stocks added 1.3%, bolstered by

gold prices reaching historic highs. The precious metal

benefited from safe-haven demand and growing expectations for an

interest rate cut at the U.S. Federal Reserve's October meeting.

TSX's information and technology sector gained

0.3%, led by cryptocurrency miner Bitfarms ( BITF ), which

soared 14.8% as bitcoin hovered near an all-time high.

The energy sector contributed to the positive

momentum, rising 1.6%, after oil prices increased about 1% on

the day as OPEC+'s planned production increase for November was

more modest than expected.

On Tuesday, Canadian Prime Minister Mark Carney will meet

U.S. President Donald Trump in Washington to discuss economic

and security issues as the two nations review a North American

trade pact.

"Hopefully there is some good news to come. It does feel

like the switch is flipped and Trump is trying to become more

market-friendly," Taylor said.

While a U.S. government shutdown entering its sixth day

has paused economic data releases south of the border, Canadian

investors are turning their attention to domestic employment

figures expected later this week.