Spot Gold Prices Pop on Mixed Equities
NEW YORK (TheStreet) -- Spot gold prices have been popping amid mixed trades in the broader equity markets.
New York spot gold prices were adding $4.10, or 0.4%, to $1,167.40 an ounce Thursday afternoon.
New York spot silver prices were rising 12 cents, or 0.7%, to $17.59 an ounce.
New York spot platinum prices, meanwhile, were increasing $22, or 1.4%, to $1,559 an ounce, while its sister metal was gaining traction.
More on Commodities |
New York spot palladium prices were higher by $16, or 3.4%, at $484 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)
was rising 3.1% to $13.74, while
Freeport-McMoRan Copper & Gold
(FCX) - Get Report
was up 1.1% to $71.15.
ETFS Physical Palladium Shares
(PALL) - Get Report
was adding 4% to $48.45, while
iShares Silver Trust
(SLV) - Get Report
was edging 0.5% higher to $17.25.
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