Business
Loonie dragged down by gold
Sep 28, 2012 / 7:05 am
The Canadian dollar was lower Friday morning after the latest report from on the Canadian economy and weaker gold prices.
The loonie dipped 0.09 of a cent to 101.86 cents US shortly before stock markets opened.
Statistics Canada said the economy grew by 0.2 per cent in July, after a downwardly revised 0.1 per cent rise in June. The July figure was better than the 0.1 per cent expected by analysts.
In commodities, December bullion decreased $2.30 to US$1,778.20 an ounce. December copper was up one cent to US$3.76 a pound.
November crude on the New York Mercantile Exchange moved down $1.07 to US$91.82 a barrel.
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| Today's Market | ||
| S&P TSX | 12268.29 | -99.17 |
| S&P CDNX | 924.25 | -5.74 |
| DJIA | 15112.19 | -206.04 |
| Nasdaq | 3423.555 | 0.00 |
| S&P 500 | 1628.93 | -22.88 |
| CDN Dollar | 0.9713 | N/A |
| Gold | 1342.90 | -30.7999 |
| Oil | 96.48 | -1.76 |
| Lumber | 286.70 | +5.20 |
| Natural Gas | 3.936 | -0.027 |
| Okanagan Companies | ||
| Sun Rype | 6.20 | 0.00 |
| Pacific Safety | 0.045 | -0.01 |
| Knighthawk | 0.02 | 0.00 |
| QHR Technologies Inc | 0.64 | +0.03 |
| Cantex | 0.18 | +0.125 |
| Anavex Life Sciences | 0.695 | -0.04 |
| Metalex Ventures | 0.055 | -0.005 |
| Russel Metals | 25.83 | +0.21 |
| Copper Mountain Mining | 1.73 | -0.06 |
| Colorado Resources | 0.78 | +0.05 |
| ReliaBrand Inc | 0.13 | 0.00 |
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