By Commodity News Service Canada
WINNIPEG, Sept. 11 (CNS) – The Canadian dollar closed
higher Tuesday, supported by gains in the price of oil and gold.
The Canadian dollar settled Tuesday at US$0.7610 or
C$1.3141, compared to Monday’s North American close of US$0.7597
or C$1.3163.
Oil prices were on the upswing Tuesday, as United States
sanctions against Iran squashed export from the Middle Eastern
nation. Brent crude futures rose 2.2 per cent to US$79.06 per
barrel. U.S West Texas Intermediate crude was up 2.5 per cent to
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Gold prices were also up Tuesday as investors rushed to buy
it as it approached the psychologically-important US$1,200
level. Spot gold added 0.2 per cent to US$1,197.28 per ounce,
while U.S. gold futures for December delivery rose 0.2 per cent
to US$1,202.20 per ounce.
In Toronto, the S&P/TSX Composite closed higher Tuesday,
rising 37.84 points, or 0.24 per cent, to settle at 16,094.93.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———dn $ 0.04 at $ 18.12
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–up $ 0.04 at $ 55.25
Maple Leaf Foods—————–dn $ 0.06 at $ 31.48
Nutrien Ltd.———————up $ 0.52 at $ 73.37
Ritchie Bros Auctioneers Inc.—-up $ 0.08 at $ 49.47
Rocky Mountain Dealerships Inc.–up $ 0.11 at $ 10.54
(All figures are in Canadian dollars.)
