NEW YORK (TheStreet) -- Spot gold lost some of its earlier vigor Tuesday afternoon after firming up the day before over promising Greek debt-rescue news.

Spot gold prices were inching down by $10.10, or about 0.9%, to $1,172.20 an ounce Tuesday afternoon.
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New York spot silver prices were falling about 87 cents, or 4.6%, at $17.93 an ounce.
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New York spot platinum prices, meanwhile, were losing $44, or 2.6%, to $1677 an ounce, while its sister metal was losing traction.

New York spot palladium prices were falling $21, or 3.9%, at $519 an ounce.

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A handful of mining stocks have been trading in the red Tuesday afternoon.

Stillwater Mining ( SWC) has dropped 13.3% to $14.42 and Silvercorp Metals ( SVM - Get Report) has tumbled 7.7% to $7.81.

Meanwhile, Freeport-McMoRan Copper & Gold ( FCX - Get Report) has fallen 4.9% to $70.15 -- it's been one of the big losers on the S&P 500 Index Tuesday; and North American Palladium ( PAL) has lost 8.7% to $4.20.

Mining stocks offer another form of exposure to precious metals.

-- Reported by Andrea Tse in New York


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