Asian markets have also been tight as a result of escalating tension between North Korea and South Korea over the fatal sinking of a South Korean warship in March. Spot gold prices were rising by $3.80, or 0.3%, to $1196.10 an ounce Tuesday afternoon.
NEW YORK (TheStreet) -- New York spot gold prices made some gains Tuesday afternoon as money went into safe-haven buying amid renewed fears of a euro debt spillover effect after Spain bailed out a regional bank over the weekend.
New York spot silver prices were falling 12 cents, or 0.7%, to $17.77 an ounce.
New York spot platinum prices, meanwhile, were declining $36, or 2.4%, to $1,491 an ounce, while its sister metal was also losing traction.
More on Commodities
|7 Hot Commodity Plays for High Inflation |
New York spot palladium prices were giving up $14, or 3.2%, to $431 an ounce.