Spot gold prices were dropping by $7.40, or 0.6%, to $1184 an ounce Thursday afternoon.
NEW YORK (TheStreet) -- New York spot gold prices were heading lower Thursday afternoon, but not as sharply as the previous session, as the tide appeared to be stemmed by investors moving into the yellow metal at lower prices.
New York spot silver prices were losing 41 cents, or 2.3%, to $17.79 an ounce.
New York spot platinum prices, meanwhile, were falling $89, or 5.6%, to $1512 an ounce, while its sister metal was also losing traction.
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New York spot palladium prices were falling $39, or 8.5%, to $419 an ounce.