Coming off the second worst one-day sell off since 1987, the Canadian Markets continued to freefall during Tuesday trading with slumping commodity prices and political uncertainty sparking a renewed bout of uncertainty. For the tale of the tape, the TSX Exchange dropped 0.93%, while the TSX Gold Index bucked the down trend by adding 7.5% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, fell 1.08% with the declining issuers outpacing the advancers by a 423 to 309 margin on volume of 153 million shares traded.

Gold fell in the far East on Tuesday, but bounced off of $760 and headed north with the open of London trading, pushing past $780, then traded tightly rangebound through both the Comex and Globex, finishing at $781.50, up $13.30. Overnight, gold is trending lower.

The Canadian Markets started off the month of December on a sour note with the bears once again coming out of hibernation to maul the bulls. For the tale of the tape, the TSX Exchange plunged 9.32%, while the TSX Gold Index fell 13.8% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, dropped 3.55% with the declining issuers outpacing the advancers by a 543 to 253 margin on volume of 144 million shares traded.

Gold peaked just north of $810 in late Hong Kong trading, then fell steadily save for a couple of small bumps up, from there all the way through the Globex, before it finally settled at $768.20, down a whopping $48.10 from Friday. Overnight, gold has edged higher.

The Canadian Markets finished out the trading week in fine form with buyers jumping back into equities with a vengeance. For the tale of the tape, the TSX Exchange added 5.9%, while the TSX Gold Index tacked on 2.6% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, rallied 2.42% with the advancing issuers outpacing the decliners by a 478 to 353 margin on volume of 139 million shares traded.

Gold edged lower in the overseas markets on Friday, dipping just below $810 at the New York open, then traded between there and $820 through the day, finishing at $816.30, down $3.10 from Tuesday. For the week, gold tacked on 1.8%.

Gold eases in quiet trade, traders eye next week’s data… Gold set for biggest gain since 1999 on safe haven buying

After two strong sessions, the Canadian Markets took a breather during Tuesday trading to digest the recent gains. For the tale of the tape, the TSX Exchange added a modest 0.02%, while the TSX Gold Index fell back 0.7% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, lost 0.39% with the declining issuers outpacing the advancers by a 445 to 314 margin on volume of 145 million shares traded.

Gold slumped into early London trading on Tuesday, but rallied at the New York open, gaining $25 in the first hour, to $830, but that proved the high point of the day, as it traded listlessly from there, finishing at $819.40, down $2.30. Overnight, gold has slipped lower.

The Canadian Markets started off the trading week in fine form with investors cheering both the bailout of Citibank(NYSE:C) and President Elect Obama’s economic vision in the United States. For the tale of the tape, the TSX Exchange added 3.50%, while the TSX Gold Index climbed another 1.5% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, gained 2.64% with the advancing issuers outpacing the decliners by a 421 to 357 margin on volume of 166 million shares traded.