The Globe and Mail reports in its Saturday edition that Canada's main stock index rose to a record high on Friday as investors looked past recent geopolitical uncertainty and soaring commodity prices boosted resource shares. A Reuters dispatch to The Globe says U.S. stocks ended mixed. The S&P/TSX Composite Index ended up 142.28 points at 33,144.98, eclipsing Monday's record closing high. For the week, the index was up 0.3 per cent, despite a sharp drop on Tuesday that was tied to the threat of new U.S. tariffs on goods from Europe. "Few have been better able to ignore the noise than Canada's equity market," Doug Porter, chief economist at BMO Capital Markets, said in a note. "The latest surge in metals prices provided support for materials, assisted by the spike in gas and a firming in crude oil." The materials group, which includes metal mining shares, added 1.7 per cent. Silver prices rose above $100 (U.S.) an ounce for the first time, while gold hit another record en route to $5,000 an ounce as investors piled into safe-haven assets. The price of oil also rose, settling 2.9 per cent higher at $61.07 (U.S.) a barrel, after U.S. President Donald Trump renewed threats against major Middle Eastern producer Iran.