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Gold recovers slightly after a steep drop

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NEW YORK (AP) — The price of gold gained back some ground on Tuesday, a day after its biggest drop in 30 years. Gold gained $26.30 to settle at $1,387.40 an ounce, a gain of 1.9 percent. On Monday it plunged $140 an ounce, or 9 percent, as concerns about a slower world economy spurred a widespread sell-off in commodities and stocks. Traders buying gold Tuesday were getting the precious metal at...

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