June 13 (Reuters) - Futures tied to Canada's main stock

index declined on Friday as investors rushed to safe-haven

assets following Israel's widescale strikes against Iran.

June futures on the S&P/TSX index were down 0.4% at

05:54 a.m. ET (09:54 GMT).

Israel said it targeted nuclear facilities and ballistic

missile factories to prevent Tehran from building an atomic

weapon. Iran retaliated by launching 100 drones.

The heightened tensions in the oil-rich Middle East sent

crude prices soaring more than 7%.

Gold prices also rose to a near two-month high, while

copper prices fell.

The S&P/TSX composite index reached a consecutive

record high on Thursday as gold prices climbed and investors

weighed the prospects of Canada nearing a trade deal with the

U.S. ahead of the Group of Seven leaders' meeting this weekend.

U.S. Treasury Secretary Scott Bessent said earlier this week

he expects to attend the G7 meeting in Canada with President

Donald Trump and meet with Prime Minister Mark Carney.

The benchmark index, which hit an all-time high on Wednesday

as well, is headed for its third straight weekly gain.

The rally has been fueled by rising commodity prices,

indicators of economic resilience and optimism around the

U.S.-China trade deal, which has also raised hopes for a

potential Canada-U.S. trade agreement.

In corporate news, Dundee Precious Metals ( DPMLF ) will

acquire UK's Adriatic Metals ( ADMLF ) in a cash-and-stock deal

valued at $1.25 billion, the mining companies said on Friday.

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