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Canadian dollar and gold prices jump, Toronto Stock Exchange shows slight gain

TORONTO — The Toronto Stock Exchange was showing a razor-thin gain and the loonie was up sharply late this morning.

The Canadian dollar was at 77.12 cents US, up 0.81 of a cent from Thursday's close.

Gold prices were also up, with the August contract rising $29.10 to US$1,1241.70 an ounce.

Meanwhile, the S&P/TSX composite index was up 7.58 points at 14,144.57 as its U.S. counterparts declined.

The Dow Jones industrial average was down 99.54 points at 17,739.02, the broader S&P 500 composite index declined 14.56 points to 2,090.70 and the Nasdaq composite lost 48.67 points to 4,922.60.

The July crude contract was down 58 cents at US$48.59 per barrel and July natural gas was flat at US$2.405 per mmBTU and July copper contracts rose 4.1 cent to US$2.11 a pound.

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