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Business

Loonie dragged down by gold

by The Canadian Press - Story: 81111
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.

The Canadian Press


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Gold 1361.00 -26.10
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Natural Gas 4.058 +0.126
CDN Dollar 0.9725 N/A

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Sun Rype 6.00 0.00
Pacific Safety 0.045 +0.005
Knighthawk 0.02 0.00
QHR Technologies Inc 0.55 -0.03
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Anavex Life Sciences 0.54 +0.05
Metalex Ventures 0.075 -0.005
Russel Metals 26.65 -0.25
Copper Mountain Mining 1.52 -0.16
Colorado Resources 1.48 +0.46
ReliaBrand Inc 0.13 0.00

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