The S&P/TSX Composite Index climbed nearly 1% to trade near 36,000 on Thursday, led by mining stocks as gold prices rebounded. Gold benefited after the recent oil rally lost momentum, limiting the rise in bond yields. The shift followed reports that Saudi Arabia aims to restore about half of its East-West pipeline capacity within days and return the system to full operation within six weeks. Agnico Eagle, Barrick and WPM each gained about 2%, while CIBC and National Bank rose around 0.5%. Easing inflation pressures also supported credit-sensitive stocks by helping lower bond yields. In the United States, the Federal Reserve raised interest rates, and FOMC (Federal Open Market Committee) members said in their Summary of Economic Projections that another increase could be warranted this year. Fed Chair Kevin Warsh said inflation remains elevated, while data released last week showed core U.S. inflation rose more than expected in August.