Downward pressure carried over from last week as the appetite for stocks got a boost from positively surprising October retail sales and big merger headlines. This was offset by disappointing New York regional manufacturing data and bargain hunting, which provided the yellow metal with a lift. New York spot gold prices were flat at $1,367.80 an ounce. New York spot silver prices were falling by 11 cents, or 0.4%, to $25.93.
NEW YORK (TheStreet) -- Spot gold prices were attempting to claw their way into neutral territory Monday afternoon after suffering a wave of selling pressure that occurred as investors took profits and raised cash across the commodities complex.
New York spot platinum prices were rising by $10, or 0.6%, to $1,676 an ounce, while its sister metal was trading sideways.
New York spot palladium prices were flat at $676 an ounce.