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by Stockwatch Business Reporter

Yikes! New York spot gold tumbled $74.20 to $3,040.50 on Friday as major global stock markets fell on President Trump's make America "tariffied" again campaign. The Dow Jones Index, above 45,000 in the afterglow of President Trump's return to the White House, was down over 2,230 points today to just 38,314. The TSX Venture Exchange tagged along, slumping 38.36 points to 575.92. The TSX gold index was also humbled, as it slid 36.04 points to 413.25.

Oh, where to start: Lundin Gold Corp. (LUG) -- predicted to "outperform" on Wednesday -- fell $3.61 to $41.75 on 936,000 shares on the heels of a $1.19 drop on Thursday. It had plenty of company, as New Gold Inc. (NGD) fell 73 cents to $4.27 on 8.79 million shares and Fortuna Mining Corp. (FVI) lost 94 cents to $7.62 on 3.15 million shares.

Yes, golds have taken it on the chin today. So have copper stocks, as that metal fell 46 cents to $4.37, so there was no haven in diversity. First Quantum Minerals Ltd. (FM) crashed $2.10 to $16 on 13.2 million shares, and that was not the worst of it, as Capstone Copper Corp. (CS) withered 75 cents to $5.72 on 19.17 million shares.

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