By Commodity News Service Canada
WINNIPEG, May 15 (CNS) – The Canadian dollar fell Tuesday,
weighted by a drop in the price of gold.
The Canadian dollar settled Tuesday at US$0.7766 or
C$1.2876, compared to Monday’s North American close of US$0.7828
or C$1.2775.
Gold prices dropped 1.8 per cent to US$1,289.21 an ounce.
Oil prices rose Tuesday, supported by concerns United
States sanctions on Iran are likely to restrict crude exports
from one of the biggest producers in the Middle East. Brent
crude gained 20 cents to settle at US$78.43 per barrel.
In Toronto, the TSX/S&P Composite rose Tuesday, supported
by gains for the Canadian National Railway. The TXS/S&P rose
12.10 points, or 0.08 per cent, to 16,097.81.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.17 at $ 16.53
Buhler Industries————dn $ 0.14 at $ 3.76
Maple Leaf Foods————-up $ 0.06 at $ 29.26
Nutrien Ltd.—————–up $ 1.80 at $ 66.50
(All figures are in Canadian dollars.)
