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Sector Snap: Gold and other precious metals

Wednesday, April 17, 2013 3:16
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(Before It's News)

NEW YORK (AP) — Shares of companies that produce gold and other precious metals rose Tuesday, as gold prices rebounded from a steep sell-off.

In midday trading gold rose 14 percent to $1,374 an ounce, a day after its worst drop since 1983. Silver also rose, while copper was relatively flat.

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