(Prices of spot gold and other precious metals updated.)
NEW YORK (TheStreet) -- New York spot gold prices have softened amid a sturdier U.S. dollar and feebler Euro currency Friday as uncertainty over debt-laden Greece's ability to attain financial aid from the European Union permeates the market.

"People are pretty concerned about the confusion in the EU in regards to financial assistance to Greece," Barclays ( BCS) currency strategist Adarsh Sinha tells Bloomberg. "It's a political nightmare, and that's contributed to the risk premium on the euro."

Spot gold prices have fallen $18.20, or 1.6%, to $1,107.70 an ounce.
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New York spot silver prices have lost 38 cents, or 2.2%, to reach $17.01 an ounce in the intraday.
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New York spot platinum prices have fallen by $19.00, or 1.2%, to hit $1,609.00 an ounce, while its sister metal has also lost ground.


New York spot palladium prices have lost $11.00, or 2.3%, Friday afternoon at $465.00 an ounce.

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Mining stocks, which offer another form of exposure to precious metals, are trading in the red Friday afternoon. Barrick Gold ( ABX) has fallen 1.3% to $39.30, while Kinross Gold ( KGC) has lost 0.3% to $18.

Stillwater Mining ( SWC) is down 1.1% at $13.50, and Silvercorp Metals ( SVM) has fallen 2.1% to $6.70.

-- Reported by Andrea Tse in New York

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-- Reported by Andrea Tse in New York

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