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Spot Gold Prices Pop

Spot gold prices have firmed Thursday as the euro rises against the dollar.
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NEW YORK (TheStreet) -- Spot gold prices firmed Thursday as the euro rose against the dollar; though increased investor risk appetite limited the rally.

New York spot gold prices were rising $9.30, or 0.8%, to $1,195.40 an ounce Monday afternoon.

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New York spot silver prices were adding 44 cents, or 2.5%, to $18.12 an ounce.

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New York spot platinum prices, meanwhile, were up $12, or 0.8%, to $ 1,525 an ounce, while its sister metal was gaining traction.

New York spot palladium prices were up $9, or 2%, at $455 an ounce.

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Mining stocks and exchange-traded funds (ETFs) were trading in positive territory Thursday afternoon. Mining stocks offer another form of exposure to precious metals.

Stillwater Mining


had risen 6% to $13.57, while

Freeport-McMoRan Copper & Gold

(FCX) - Get Freeport-McMoRan Inc. Report

was adding 5.2% to $69.52.

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ETFS Physical Platinum Shares

(PPLT) - Get abrdn Physical Platinum Shares ETF Report

was up 0.5% to $152.21, while

iShares Silver Trust

(SLV) - Get iShares Silver Trust Report

edged 2.5% higher to $17.75.

-- Reported by Andrea Tse in New York.


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