Spot gold prices were declining $5.20, or 0.4%, to $1,231.90 an ounce Thursday afternoon.
NEW YORK (TheStreet) -- New York spot gold prices saw a bit of a selloff amid a fall in initial weekly jobless claims and the paling of stock markets Thursday.
New York spot silver prices were slipping 3 cents, or 0.2%, to $19.49 an ounce.
New York spot platinum prices, meanwhile, were losing $4, or 0.2%, at $1,733 an ounce, while its sister metal was losing traction.
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New York spot palladium prices were falling $1, or 0.2%, to $540 an ounce.
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