Spot Gold Prices Up on India Buying

Spot gold prices have been exhibiting a rebound amid bargain hunting in India.
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NEW YORK (TheStreet) -- Spot gold prices have been exhibiting a rebound amid bargain hunting in India.

Spot gold prices were increasing $2.10, or 0.2%, to $1,163.70 an ounce Wednesday afternoon.

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New York spot silver prices were down 13 cents, or 0.7%, to $17.51 an ounce.

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New York spot platinum prices, meanwhile, were adding $10, or 0.7%, to $1,537 an ounce, while its sister metal was gaining traction.

New York spot palladium prices were rising $1, or 0.2%, to $467 an ounce.

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A handful of mining stocks were trading in mixed territory Wednesday afternoon. Mining stocks offer another form of exposure to precious metals.

Stillwater Mining Company

(SWC)

was falling 1.3% to $13.23, while

Silver Wheaton

(SLW)

was rising 1.1% to $18.27.

Hecla Mining

(HL) - Get Report

was increasing 3.6% to $4.89.

Barrick Gold

(ABX)

was unchanged at $40.

-- Reported by Andrea Tse in New York.

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>> Spot Metals Roundup, 6/27: Spot Gold Prices Retreat Further

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>>Spot Metals Roundup, 7/01: Market Weighs on Spot Gold Prices

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