NEW YORK (TheStreet) -- Spot gold prices continue rising Friday afternoon as U.S. stocks dip into the red.

New York spot gold prices were rising $11.60, or 0.9%, to $1,256.80 an ounce Friday afternoon.
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New York spot silver prices were increasing 44 cents, or 2.4%, to $19.17 an ounce.
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New York spot platinum prices, meanwhile, were adding $14, or 0.9%, to $1,589 an ounce, while its sister metal was gaining traction.


New York spot palladium prices were rising $8, or 1.7%, to $488 an ounce.

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Mining stocks and metals ETFs were gaining traction Friday afternoon. Mining stocks offer another form of exposure to precious metals.

Hecla Mining ( HL - Get Report) was rising 5.8% to $5.88, while North American Palladium ( PAL) was increasing 4.5% to $3.52.

Barrick Gold ( ABX) was advancing 3.4% to $46.35, and Newmont Mining ( NEM - Get Report) was gaining 3.1% to $61.52.

-- Reported by Andrea Tse in New York

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