By Commodity News Service Canada
WINNIPEG, Oct. 25 (CNS) – The Canadian dollar closed lower
Thursday, weighed down by a drop in the price of gold.
The Canadian dollar settled Thursday at US$0.7648 or
C$1.307, compared to Wednesday’s North American close of
US$0.7675 or C$1.3029.
Oil prices were rose Thursday, finding support from
rebounding United States stock markets and alleviating fears
over a slowdown in global economic growth. Brent crude gained 80
U.S. cents to settle at US$76.78 per barrel. U.S. added 54 U.S.
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Gold prices fell Thursday, as equity markets rebounded and
a strong U.S. dollar weighed on it. Spot gold lost 0.4 per cent
to US$1,228.31 per ounce.
In Toronto, the S&P/TSX Composite closed higher Thursday,
regaining some value after Wednesday’s sharp losses. It rose
14.95 points, or 0.10 per cent, to settle at 14,924.08.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———dn $ 0.07 at $ 17.55
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–up $ 2.67 at $ 54.50
Maple Leaf Foods—————–dn $ 1.75 at $ 30.83
Nutrien Ltd.———————up $ 0.87 at $ 67.07
Ritchie Bros Auctioneers Inc.—-up $ 0.34 at $ 42.21
Rocky Mountain Dealerships Inc.–dn $ 0.18 at $ 9.57
(All figures are in Canadian dollars.)
