CANADA STOCKS-TSX futures fall as Israel's strikes on Iran dampen risk appetite

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 SXFcv1 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 LCOc1, CLc1 soaring more than 7%.

Gold prices XAU= also rose to a near two-month high, while copper prices fell.

The S&P/TSX composite index .GSPTSE 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 DPM.TO will acquire UK's Adriatic Metals ADT1.L in a cash-and-stock deal valued at $1.25 billion, the mining companies said on Friday.

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