By Commodity News Service Canada
WINNIPEG, Nov. 1 (CNS) – The Canadian dollar closed higher
Thursday, supported by a rise in the price of gold.
The Canadian dollar settled Thursday at US$0.7641 or
C$1.3088, compared to Wednesday’s North American close of
US$0.7609 or C$1.3142.
Oil prices fell Thursday, over concerns that global demand
is weakening while supply is growing. Brent crude lost US$2.15
to settle at US$72.89 per barrel. United States West Texas
Intermediate crude dropped US$1.62 to US$63.69 per barrel.
Gold prices rose Thursday, rebounding from Wednesday’s
losses. Spot gold added 1.2 per cent to US$1,229.21 per ounce.
U.S. gold futures gained 1.3 per cent to US$1,231.30 per ounce.
In Toronto, the S&P/TSX Composite closed higher Thursday.
It rose 122.87 points, or 0.82 percent, to 15,150.15.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———up $ 0.01 at $ 17.55
Buhler Industries—————-up $ 0.19 at $ 3.87
Linamar Crop.——————–up $ 0.02 at $ 54.53
Maple Leaf Foods—————–dn $ 0.16 at $ 29.78
Nutrien Ltd.———————up $ 2.52 at $ 72.21
Ritchie Bros Auctioneers Inc.—-up $ 0.19 at $ 44.47
Rocky Mountain Dealerships Inc.–up $ 0.01 at $ 10.21
(All figures are in Canadian dollars.)
