Sept 27 (Reuters) - Canada's main stock index fell on Friday, putting it on course for its first weekly loss in five, as shares in miners dropped due to a 1% decline in gold prices.
* The materials sector .GSPTTMT , which includes precious and base metals miners, lost 1.3% after gold prices XAU= fell amid a strengthening U.S. dollar. Silver XAG= also fell more than 1%. GOL/
* Shares of Yamana Gold YRI.TO and Kinross Gold K.TO were the top losers on the main index, down about 4% each, while shares in First Majestic Silver Corp FR.TO and Pan American Silver Corp PAAS.TO fell about 3%.
* At 10:20 a.m. ET (1420 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 59.75 points, or 0.36%, at 16,730.65.
* The energy sector .SPTTEN dropped 0.5% as oil prices fell on a faster-than-expected recovery in Saudi output, while slowing Chinese economic growth dampened the demand outlook. O/R
* Canadian stocks were set for their worst weekly declines since mid-August as worries about the U.S.-China trade war, an impeachment probe of U.S. President Donald Trump and weak economic data in Europe and China all fed into fears of a global recession.
* Shares in cannabis producer Canopy Growth WEED.TO fell 1.4% after a report said Bank of America Merrill Lynch (NYSE:BAC) expects growth in the sector to pause in the second half and potentially flatten. Shares of rivals Cronos Group CRON.TO and Aphria Inc APHA.TO fell more than 1% each.
* Shares in First Quantum FM.TO recovered from their worst one-day percentage fall in a month on Thursday, becoming the top gainer on the TSX with a 4.6% gain.
* The most heavily traded shares by volume were New Gold Inc NGD.TO , Encana Corp ECA.TO and Yamana Gold Inc YRI.TO .
* The TSX posted five new 52-week highs and one new low.
* Across all Canadian issues, there were 18 new 52-week highs and eight new lows, with total volume of 53.10 million shares.
* On the TSX, 62 issues were higher, while 165 issues declined for a 2.66-to-1 ratio to the downside, with 29.39 million shares traded.