Agence France-PresseApril 15, 2013 07:46
European stock markets fell sharply on Monday and gold plunged to a two-year low after news that the powerhouse Chinese economy slowed down in the first quarter of 2013, dealers said.
In midday deals, London's FTSE 100 index of top companies sank 1.19 percent to 6,308.17 points, Frankfurt's DAX 30 shed 1.04 percent to 7,662.35 points and in Paris the CAC 40 lost 1.02 percent to 3,691.13 points.
On the London Bullion Market, gold prices slumped to $1,398.85 per ounce. That was the lowest level since March 2011 and compared with $1,535.50 late on Friday.