Meanwhile spot palladium finished the session up $6, or 1.4%, at $440 an ounce.
Mining stocks finished the day higher. Stillwater Mining Company ( SWC) surged 9.4% to $12.60, while Hecla Mining ( HL) rose 3.6% to $5.50. Gold stocks like Barrick Gold, ( ABX) Kinross Gold ( KGC) and Goldcorp ( GG) all rose above 2% to $39.50, $19 and $39.20 respectively. Freeport McMoRan ( FCX) settled 2% higher at $78. SPDR Gold Trust ( GLD) rose 1.5% to $111. -- Reported by Andrea Tse in New York Follow TheStreet.com on Twitter and become a fan on Facebook.