NEW YORK (TheStreet) -- New York spot gold prices have gained ground late afternoon with European Union leaders convening at a Europe Union summit, and troubleshooting Greece's debt troubles at the top of their priority list.

"Following their (sovereign debt jitters-induced) worst drop in seven weeks, gold prices managed to stabilize in the overnight period," Kitco analyst Jon Nadler writes. "Bullion climbed back towards the $1,095 value zone after the euro regained a bit of lost ground ahead of the start of an EU summit later today."

Spot gold prices have risen $3.80, or 0.4%, to $1,091.30 an ounce.
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New York spot silver prices are up 6 cents, or 0.4%, to $16.62 an ounce in the intraday.
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New York spot platinum prices have popped by $24, or 1.5%, to $1,602 an ounce, while its sister metal has also gained ground.


New York spot palladium prices are up $7, or 1.6% in the afternoon at $450 an ounce.

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A handful of mining stocks had a soft finish to Thursday's trading session. Mining stocks offer another form of exposure to precious metals.

Stillwater Mining ( SWC) fell 4.9% to $12.40, while Newmont Mining ( NEM) tumbled 2.8% to $48.40. Silvercorp Metals ( SVM) fell 3.7% to $6.50, and Hecla Mining ( HL) tumbled 2.8% to $5.20.

-- Reported by Andrea Tse in New York

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