By Commodity News Service Canada
WINNIPEG, Oct. 5 (CNS) – The Canadian dollar closed lower
Tuesday, as little changed gold and oil price increases were
offset by a drop in the stock market.
The Canadian dollar settled Tuesday at US$0.7713 or
C$1.2965, compared to Friday’s North American close of US$0.7730
or C$1.2936.
Oil prices rose slightly Tuesday, as nearly 40 per cent of
daily crude oil production on offshore United States Gulf of
Mexico wells was lost due to Hurricane Michael. U.S. West Texas
Read Also
Canadian Financial Close: Loonie down, ends terrible week
Glacier FarmMedia – The Canadian dollar took another step back on Friday, resulting in a sharp weekly drop. The…
barrel.
Gold prices were steady Tuesday as a bullish U.S. rate
outlook offset a strong American dollar. Spot gold was unchanged
at US$1, 188.20 per ounce, while U.S. gold futures for December
delivery gained 0.24 per cent to US$1,191.5 per ounce.
In Toronto, the S&P/TSX Composite closed lower Tuesday,
falling 92.12 points, or 0.58 per cent, to settle at 15,854.05.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———dn $ 0.10 at $ 17.62
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–dn $ 1.19 at $ 56.88
Maple Leaf Foods—————–up $ 0.34 at $ 33.42
Nutrien Ltd.———————dn $ 0.53 at $ 74.54
Ritchie Bros Auctioneers Inc.—-dn $ 2.15 at $ 45.14
Rocky Mountain Dealerships Inc.–dn $ 0.03 at $ 10.09
(All figures are in Canadian dollars.)
