TORONTO — Gold stocks dragged down the Toronto Stock Exchange's main index as investors turned away from the precious metal.
The S&P/TSX composite index fell 22.07 points to 15,097.84 as the December gold contract shed US$10.70 to US$1,279.70 an ounce.
In New York, the Dow Jones industrial average gained a meagre 5.28 points and fell just shy of breaking the 22,000 mark at 21,998.99.
The S&P 500 index fell 1.23 points to 2,464.61, while the Nasdaq composite index declined 7.22 points to 6,333.01.
The Canadian dollar was trading at an average price of 78.40 cents US, down 0.31 of a U.S. cent.
Elsewhere in commodities, the September crude contract lost US$0.04 to $47.55 per barrel, the September natural gas contract fell 2.4 cents to about US$2.94 per mmBTU and the September copper contract retreated about 2.2 cents to US$2.88 a pound.
The Canadian Press
