Silver prices were rising 69 cents to $16.14 while copper was adding 13 cents to $3.22.

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Mining stocks, a more leveraged way to invest in gold , were rising. Barrick Gold ( ABX) was up by 2.15% to $37.49 while Newmont Mining ( NEM) was rising 1.65% to $47.31. Other large cap miners Kinross Gold ( KGC) and Goldcorp ( GG) were adding over 2% to $18.83 and $38.26, respectively.

Shares of Freeport McMoRan Copper & Gold ( FCX) were rising 2.39% to $75.46 while Southern Copper ( PCU) was up 4.65% to $31.27.

The popular physically backed ETF, SPDR Gold Shares ( GLD) were rising 2.34% to $109.51.

-- Written by Alix Steel in New York.
Alix joined TheStreet.com TV in February 2007. Previously, she held positions in film and theater production, management, and legal administration. Alix has a degree in communications and theater from Northwestern University.

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