* TSX ends up 0.2% at 22,112.46

* Materials group adds 1.9%

* Gold climbs to new record high

* Energy rises 1.5%; oil settles at 5-month high

April 3 (Reuters) - Canada's main stock index rose on Wednesday, including gains for resource and financial shares, as commodity prices climbed and U.S. economic data supported bets the Federal Reserve would begin lowering interest rates over the coming months.

The Toronto Stock Exchange's S&P/TSX composite index ended up 37.36 points, or 0.2%, at 22,112.46, staying in touch with the record closing high it posted on Monday at 22,185.25.

"This is a classic TSX rally in that you've got the miners rallying, precious metals in particular, you've got energy rallying and you got the financials rallying," said Philip Petursson, chief investment strategist at IG Wealth Management.

"This isn't a fluke. This is driven by fundamentals and these fundamentals can continue for a while yet."

Combined, the energy, materials and financial sectors account for roughly 60% of the Toronto market's weighting.

The materials sector, which includes metal miners and fertilizer companies, rose 1.9% as copper prices climbed and gold moved to a fresh record high.

"Gold is finally responding to not only inflation but the expectation for lower real interest rates," Petursson said.

Bond yields eased after data showed U.S. services industry growth eased further in March, suggesting inflation is slowing.

Energy added 1.5% as the price of oil settled at a five-month high, rising 0.3% to $85.43 a barrel, while financials ended up 0.2%.

Lightspeed Commerce shares gained 5.5% after the payments company announced 280 job cuts, looking to turn profitable.

Professional services firm WSP Global was a drag, falling 5.4%, after short-seller Spruce Point Capital Management shorted the stock. (Reporting by Fergal Smith in Toronto and Purvi Agarwal in Bengaluru; Editing by Ravi Prakash Kumar and Costas Pitas)