CANADA STOCKS-TSX slides 1 pct on tumbling gold prices

Wed Mar 14, 2012 11:08am EDT
 
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TORONTO, March 14 (Reuters) - Canada's stocks skidded 1 percent on Wednesday morning as gold miners fell with gold prices as the precious metal shed its safe-haven luster and the U.S. Federal Reserve offered no hints that it would ease monetary policy further.

The Toronto Stock Exchange's S&P/TSX composite index skidded 125.16 points, or 1.0 percent, to 12,412.53.