NEW YORK (TheStreet) -- Spot gold prices are exhibiting strength Tuesday afternoon on signs of slowing consumer confidence and cooling in the Chinese economy.
Spot gold prices were rising $3.60, or 0.3%, to $1,242.20 an ounce Tuesday afternoon.
New York spot silver prices were declining 13 cents, or 0.7%, to $18.63 an ounce.
New York spot platinum prices, meanwhile, were falling $25, or 1.6%, to $1,540 an ounce, while its sister metal was losing ground.
More on Commodities
New York spot palladium prices were down $17, or 3.6%, to $450 an ounce.
A handful of mining stocks were trading in negative territory Tuesday afternoon. Mining stocks offer another form of exposure to precious metals.
Stillwater Mining Company
was falling 7% to $12.04, while
was declining 2.9% to $20.40.
was losing 2.7% to $5.47, and
was down 1.9% to $45.33.
-- Reported by Andrea Tse in New York
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