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Gold prices rise slightly

NEW YORK, March 16 (UPI) -- Gold futures held steady in New York Tuesday, although equities tumbled as workers struggled to contain damage at a nuclear power plant in Japan.

The earthquake and power plant disaster have knocked financial markets for a loop as Japan struggles not only with leaking radioactivity at the plant, but with an economy that has been temporarily crippled as well.

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Gold prices on the Comex division of the New York Mercantile Exchange gained $5.80 back from Tuesday's $29.40 drop. Prices reached $1,398.60 per troy ounce. April delivery crude oil added $1.80 to $98.26 per barrel.

The euro fell to $1.3894 from Tuesday's $1.3996. The dollar slipped to 79.82 yen from 80.81 yen.

The British pound fell to $1.6028 from $1.608, while the U.S. dollar rose to 7.7982 Hong Kong dollars from 7.7964 HKD.

The Australian dollar fell to $0.9838 from $0.991.

In India, the dollar rose to 45.20 rupees from 44.984 rupees. Against the South Korean won, the dollar rose to 1,137.95 won from 1135.07.

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