TORONTO (Reuters) - Toronto's main stock index could extend gains from the previous session as gold hit a record high above $1,095 per ounce on Wednesday.
A firmer oil price is also likely to add support to the main index ahead of a key interest rate decision by the U.S. Federal Reserve.
While interest rates are expected to be left steady, the greater interest is in the Federal Open Market Committee statement, which is expected to reaffirm current supportive policies for the economy, even as signs of recovery grow.
Market players also have a slew of corporate results to wade through on Wednesday, including big names such as two of the country's biggest pipeline companies -- TransCanada and Enbridge.
The S&P/TSX composite index closed up 147.55 points, or 1.36 percent, at 11,025.90 on Tuesday, battling back from a drop of more than 1 percent earlier in the session.
(Reporting by Ka Yan Ng; Editing by James Dalgleish)
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