NEW YORK (TheStreet) -- New York spot-gold prices have been perking up, even as investors continue putting their money in stocks and driving them to extend gains from the previous day's market rally, which was fueled by a frenzy over the $1 trillion debt rescue plan by the EU.
Spot gold prices were rising $17.70, or 1.5%, to $1220.40 an ounce Tuesday afternoon.
New York spot silver prices were up 75 cents, or 4.1%, at $19.25 an ounce.
New York spot platinum prices, meanwhile, were trading sideways at $1,695 an ounce, while its sister metal was losing traction.
More on Commodities
New York spot palladium prices were down $1, or 0.2%, at $529 an ounce.
A handful of mining stocks were trading in positive territory Tuesday afternoon. Mining stocks offer another form of exposure to precious metals.
was rising 7.9% to $18.75, while
was adding 7.3% to $20.60.
stock was rising 6.1% to $8.51.
stock was jumping 6.5% to $6.21.
-- Reported by Andrea Tse in New York
>>Spot Metals Roundup, 5/10: Spot Gold Prices Lose Some Luster
>> Spot Metals Roundup, 5/10: Spot Gold Prices Digest Mixed News
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