By Matt Walcoff Nov. 12 (Bloomberg) -- Canadian stocks fell, headed for their biggest weekly loss in nearly three months, as oil and metals dropped as speculation mounted that China may raise interest rates. Suncor Energy Inc., Canada’s largest oil and gas producer, declined 1.2 percent as crude futures retreated from a two-year high. Barrick Gold Corp., the world’s largest gold producer, lost 0.2 percent as the metal fell to its lowest level this week. Teck Resources Ltd., Canada’s biggest base-metals and coal producer, dropped 1.9 percent as copper slumped the most in three weeks. The Standard & Poor’s/TSX Composite Index decreased 73.59 points, or 0.6 percent, to 12,861.15 as of 9:48 a.m. in Toronto. For the week, the index has slipped 0.5 percent. The S&P/TSX surged 17 percent in the four months ending last week as the U.S. dollar plunged and commodities rallied on concern U.S. monetary stimulus would weaken the currency. The greenback has gained the most in a week since August this week as unease over European government debt led to a drop in the euro. --Editor: Joanna Ossinger To contact the reporter on this story: Matt Walcoff in Toronto at mwalcoff1@bloomberg.net To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net.

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