By Commodity News Service Canada
WINNIPEG, Oct. 3 (CNS) – The Canadian dollar closed lower
Wednesday, following the lead of gold.
The Canadian dollar settled Wednesday at US$0.7793 or
C$1.2832, compared to Tuesday’s North American close of
US$0.7802 or C$1.2817.
Oil prices hit a four-year hit Wednesday, ahead of the
upcoming United States sanctions against Iran and a large
buildup in U.S. crude stock piles. Brent crude futures gained
US$1.81 to US$86.60 per barrel.
Gold prices eased Wednesday after the Italian government
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gold fell 0.3 per cent to US$1,199.56 per ounce, while U.S. gold
futures for December delivery lost 0.34 per cent to US$1,202.90
per ounce.
In Toronto, the S&P/TSX Composite closed higher Wednesday,
rising 54.82 points, or 0.34 per cent, to settle at 16,072.05.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———up $ 0.19 at $ 17.72
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–dn $ 2.04 at $ 60.81
Maple Leaf Foods—————–up $ 0.08 at $ 32.59
Nutrien Ltd.———————dn $ 0.27 at $ 74.55
Ritchie Bros Auctioneers Inc.—-up $ 0.18 at $ 46.70
Rocky Mountain Dealerships Inc.–up $ 0.02 at $ 10.23
(All figures are in Canadian dollars.)
