Toronto stock market slips in late morning trading as price of gold falls

TORONTO – The Toronto Stock Exchange has dipped slightly this morning as gold mining stocks declined along with the price of bullion.

In late morning trading, the S&P/TSX composite index was down 13.64 points at 15,086.74.

The December gold contract was down $25.80 at US$1,185.40 an ounce.

In New York, the Dow Jones industrial average was up 20.72 points at 19,044.59.

But the S&P 500 was down 13.64 points at 2,197.28 and the Nasdaq composite was down 28.58 points to 5,357.77.

The Canadian dollar was at 74.12 cents US, down 0.21 of a U.S. cent.

The January crude contract rose one cent to US$48.04 per barrel and January natural gas was up one cent at US$3.11 per mmBTU.

December copper contracts were up six cents at $2.61 a pound.

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Toronto stock market slips in late morning trading as price of gold falls

TORONTO – The Toronto Stock Exchange has dipped slightly this morning as gold mining stocks declined along with the price of bullion.

In late morning trading, the S&P/TSX composite index was down 13.64 points at 15,086.74.

The December gold contract was down $25.80 at US$1,185.40 an ounce.

In New York, the Dow Jones industrial average was up 20.72 points at 19,044.59.

But the S&P 500 was down 13.64 points at 2,197.28 and the Nasdaq composite was down 28.58 points to 5,357.77.

The Canadian dollar was at 74.12 cents US, down 0.21 of a U.S. cent.

The January crude contract rose one cent to US$48.04 per barrel and January natural gas was up one cent at US$3.11 per mmBTU.

December copper contracts were up six cents at $2.61 a pound.

Filed under: Stock Market News

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