Spot Gold Prices Pop
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.
New York spot silver prices were adding 44 cents, or 2.5%, to $18.12 an ounce.
New York spot platinum prices, meanwhile, were up $12, or 0.8%, to $ 1,525 an ounce, while its sister metal was gaining traction.
More on Commodities |
New York spot palladium prices were up $9, or 2%, at $455 an ounce.
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
(SWC)
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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