By Commodity News Service Canada
WINNIPEG, Sep. 28 (CNS) – The Canadian dollar closed higher
Friday, supported by gains in the price of oil and gold.
The Canadian dollar settled Friday at US$0.7725 or
C$1.2945, compared to Thursday’s North American close of
US$0.7666 or C$1.3045.
Oil prices settled higher Friday, supported tightened
supply as United States sanctions again Tehran squeezed Iranian
crude exports. Brent crude futures gained a dollar to US$82.72
per barrel, while U.S. crude futures rose US$1.13 to close at
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Gold prices closed higher Friday, as the U.S. dollar
strengthened against the Euro following Italy’s budget issues.
Spot gold gained 0.9 per cent to US$1,193.32 per ounce, while
U.S. gold futures for December delivery rose 0.7 per cent to
US$1,196.20 per ounce.
In Toronto, the S&P/TSX Composite closed lower Friday,
falling 131.48 points, or 0.81 per cent, to settle at 16,073.14.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———dn $ 0.08 at $ 17.63
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–dn $ 0.89 at $ 59.51
Maple Leaf Foods—————–dn $ 0.03 at $ 31.06
Nutrien Ltd.———————dn $ 0.10 at $ 74.58
Ritchie Bros Auctioneers Inc.—-dn $ 0.83 at $ 46.61
Rocky Mountain Dealerships Inc.–dn $ 0.23 at $ 10.25
(All figures are in Canadian dollars.)
