Toronto stocks finished down on Thursday as weak gold and base metals issues weighed on the market.

The S&P/TSX composite index was down 62.13 points, or 0.45%, to close at 13,747.25.

Seven of the 10 main TSX subgroups fell, including the materials group, which slid 2.83%.

The energy index rose 0.28%. The January crude contract ended the session down US$2.14, or 2.3%, at US$92.25 a barrel on the New York Mercantile Exchange.

The gold index fell 2.61% as gold prices retreated. Gold for February delivery dropped US$14.80 to finish at US$804 an ounce on the New York Mercantile Exchange.

Yamana Gold Inc. was down 52¢, or 3.81%, to $13.13 and Goldcorp Inc. fell 75¢, or 2.21%, to $33.25.

The financials group slipped 0.35%. CIBC shares dropped $3 to $76.59. while TD climbed 31¢ to $72.81.

Among individual stocks, Quebecor World Inc. shed 38¢, or 16.8%, to $1.88 after the company’s plans to sell off its European operations fell apart when the potential buyer’s shareholders voted down the deal.

The junior S&P/TSX Venture composite index dropped 40.95 points, or 1.5%, to 2,694.63.

The Canadian dollar closed down 0.67 of a cent to US98.03¢ after the U.S. greenback rose on a higher-than-expected wholesale inflation report.

In New York, markets closed mixed.

The Dow Jones industrial average advanced 44.06 points, or 0.33%, to 13,517.96. The S&P 500 added 1.82 points, or 0.12% to 1,488.41. The Nasdaq composite index fell 2.65 points, or 0.10% to 2,668.49.