Gold producers, which were up earlier in the day, declined after the yellow metal slumped. Demand for gold as a safe haven was eroded by lower borrowing costs in Europe & the U.K. Gold mining major, Barick Gold Corp, fell 6.3 % to C$27.50. Gold Corp Inc, another big gold producer, declined 6.4 % to C$25.07.

For full tory, click here