Spot gold prices were falling $15.90, or 1.3%, to $1,239.80 an ounce Monday afternoon.
NEW YORK (TheStreet) -- Spot gold prices have been losing some robustness Monday as equity markets showed more strength following reports of better-than-expected personal spending growth in May.
New York spot silver prices were declining 30 cents, or 1.6%, to $18.80 an ounce.
New York spot platinum prices, meanwhile, were down $4, or 0.3%, to $1,565 an ounce, while its sister metal was losing ground.
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New York spot palladium prices were falling $9, or 1.9%, to $468 an ounce.