Canadian Financial Close: Loonie down, gold sets new record

Glacier FarmMedia | MarketsFarm — The Canadian dollar dipped back below the 70 United States cent mark on Thursday.

The loonie finished at US$0.6989 or US$1=C$1.4309, compared to Wednesday’s close of US$0.7009 or US$1=C$1.4268.

The U.S. Dollar Index shed 0.26 of a point at 104.29.

Crude oil was slightly higher on Thursday. Brent crude oil gained US$0.18 at US$73.97 per barrel. West Texas Intermediate also increased US$0.18 at US$69.83/barrel.

The TSX/S&P Composite Index was unchanged at 25,161.06 points.

Gold reached an all-time record price of US$3,102.20 per ounce, a gain of US$49.90.

Canada’s agricultural sector fared as follows:

Buhler Ind.                      unchanged      at $  7.27

Farmer’s Edge Inc.               unchanged      at $  0.345

Linamar Corp.                    dn  $ 1.44     at $ 51.62

Maple Leaf Foods                 up  $ 0.35     at $ 25.04

Nutrien Ltd.                     up  $ 0.69     at $ 72.81

RB Global Inc.                   up  $ 0.33     at $143.53

(All figures are in Canadian dollars.)