By Commodity News Service Canada
WINNIPEG, Oct. 22 (CNS) – The Canadian dollar was slightly
changed, as an increase in the price of oil was offset by a drop
in the price of gold.
The Canadian dollar settled Friday at US$0.7631 or
C$1.3105, compared to Friday’s North American close of US$0.7631
or C$1.3104.
Oil prices rose slightly Monday, despite Saudi Arabia’s
pledge to raise crude production weeks before United States
sanctions will potentially cut off Iranian supplies. Brent crude
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Glacier FarmMedia — The Canadian dollar stayed put on Friday, maintaining its 0.24 U.S. cent gain from the previous week….
Intermediate crude gained five U.S. cents to US$69.17 per
barrel.
Gold prices fell Monday, as investors returned to the
equity markets. Spot gold added 0.3 per cent to US$1,221.87 per
ounce.
In Toronto, the S&P/TSX Composite closed lower Monday,
falling 57.40 points, or 0.37 per cent, to settle at 15,412.70.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———dn $ 0.18 at $ 17.57
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–dn $ 0.55 at $ 52.48
Maple Leaf Foods—————–up $ 0.32 at $ 33.45
Nutrien Ltd.———————dn $ 1.66 at $ 71.56
Ritchie Bros Auctioneers Inc.—-dn $ 0.16 at $ 43.10
Rocky Mountain Dealerships Inc.–up $ 0.07 at $ 9.88
(All figures are in Canadian dollars.)
