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Spot Gold Prices Pop

Spot gold prices have been showing robustness amid signs of a cooling U.S. economy.
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NEW YORK (TheStreet) -- Spot gold prices have been showing robustness amid signs of a cooling U.S. economy.

Spot gold prices were firming up $11.10, or 0.9%, to $1,254.50 an ounce Friday afternoon.

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New York spot silver prices were adding 41 cents, or 2.2%, to $19.09 an ounce.

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New York spot platinum prices, meanwhile, were up $9, or 0.6%, to $1,568 an ounce, while its sister metal was gaining ground.

New York spot palladium prices were rising $5, or 1.1%, to $477 an ounce.

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Mining stocks were trading in positive territory Friday afternoon. Mining stocks offer another form of exposure to precious metals.

Stillwater Mining Company

(SWC)

was rising 6.3% to $13.18, while

Silver Wheaton

(SLW)

TheStreet Recommends

was advancing 5.9% to $21.30.

Hecla Mining

(HL) - Get Report

was increasing 5.3% to $5.78, and

Barrick Gold

(ABX)

was popping 4.8% to $46.71.

-- Reported by Andrea Tse in New York

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