The TSX started the trading week on a negative note, but off its lowest levels of the day, falling 26.18 points to 11,543.47, as the price of gold edged lower.

The TSX Global Gold index was one of the biggest decliners of the session, falling 1.7%, as gold for August delivery slid $6.30 to $1,181.90 an ounce. Several gold stocks also ended the day down, including New Gold (TSX: T-NGD), which fell 2.3% and Eldorado Gold (TSX: T-ELD), which gave back 2.86%. Meanwhile, the materials sector declined 1.4% and financials fell 0.9%.

Elsewhere, the energy sector added 0.5%, as crude for August delivery moved 53 cents higher to $76.54.

The TSX Venture exchange ended the day down 17.28 points to 1,362.19.

In economic news, Statistics Canada reported that non-residents’ investment in Canadian securities climbed in May, with foreign inflows of $23.2 billion, most notably for federal government debt instruments. Meanwhile, Canadian investors sold $2.9 billion of foreign securities from their holdings, which Stats Can says was the largest repatriation of funds from abroad since January.

On the TSX, shares of Khan Resources (TSX: T-KRI) jumped 20.5 cents to 43.5 cents, after the company announced that the Mongolian Capital City Administrative Court has ruled in favour of its 58%-owned joint venture subsidiary, Central Asian Uranium Company. Khan says the court has declared that a previous decision by the Mongolian Nuclear Energy Agency to cancel CAUC's mining license 237A is “itself invalid.” As a result of the court's decision, Khan says CAUC's mining license is no longer considered invalidated and is pending re-registration by the NEA.