Canadian financial close: C$ firm Tuesday

 Glacier FarmMedia — The Canadian dollar was firm on Tuesday, with advances in precious metals and crude oil underpinning the currency.

• The Canadian dollar settled at US$0.7325 or US$1=C$1.3652, which compares with Monday’s close of US$0.7312 or US$1=C$1.3676.
• Shifting geopolitical tensions were supporting energy markets on Tuesday, with Monday’s announced trade deal between the U.S. and India — and the resulting suspension of Russian oil exports to India — disrupting the global flow of crude oil.
• Gold was up by US$322.70 at US$4,972.80 per ounce.
• West Texas Intermediate crude oil was up 1.81 per cent at US$63.95 per barrel.
• The TSX Composite Index gained 204.72 points at 32,388.60 points.

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