By Commodity News Service Canada
Winnipeg, August 11 – The Canadian dollar rose against its US counterpart on Friday morning, lifted by gains in gold bullion.
Tensions between North Korea and the United States have prompted many investors to see sake havens like precious metals.
However, declines in crude oil tempered the gains.
At 8:45 CDT Friday morning the Canadian dollar was at US$0.7886 or C$1.2680 which compares with Thursday’s North American close of US$0.7867 or C$1.2711.
At 8:45 CDT Friday morning, the TSX was down 46.10 points, or 031%, at 15,028.15.
