Investors came off the Labour Day weekend in a selling mood as a sharp drop in the price of bullion and oil propelled the resource-rich Canadian markets lower during Tuesday trading. For the tale of the tape, the TSX Exchange lost 3.23%, while the TSX Gold Index plunged 6.5% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, fell 2.72% with the declining issuers swamping the advancers by a 588 to 312 margin on volume of 104 million shares traded.

It was more of the same during Friday trading on the Canadian markets as a stronger United States dollar put pressure on the price of commodities and investors continued to rotate out of resource stocks.