NEW YORK (TheStreet) -- Spot gold prices have been popping amid indications that China could expand its gold market; though gains were limited as the broader equities moved higher amid better-than-expected private sector job growth numbers.
New York spot gold prices were rising $9.90, or 0.8%, to $1,195.50 an ounce Wednesday afternoon.
New York spot silver prices were falling 12 cents, or 0.7%, to $18.25 an ounce.
New York spot platinum prices, meanwhile were unchanged at $1,577 an ounce, while its sister metal was losing traction.
More on Commodities
New York spot palladium prices were slipping by $6, or 1.2%, to $495 an ounce.
Mining stocks and exchange-traded funds (ETFs) were trading in mixed territory Wednesday afternoon. Mining stocks offer another form of exposure to precious metals.
was increasing 1.5% to $14.04, while
Freeport-McMoRan Copper & Gold
was rising by 0.8% to $74.61.
ETFS Physical Palladium Shares
was losing 0.7% to $49.46.
iShares Silver Trust
was lower by 0.7% to $17.89.
-- Written by Andrea Tse in New York
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