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Summary Due to fear of a radioactive leak in Japan, gold prices in the international market dropped.
Soon after the earthquake and tsunami hit Japan, prices of gold and other metals started to increase in the international market but after explosions in the nuclear reactors and concerns of a radioactive leak, the prices of gold started to drop. During trading, the price of one ounce of gold dropped by US$ 10 to US$ 1415 whereas prices of silver and copper also dropped. On the other hand, in the New York stock exchange, price of crude oil dropped by below US$ 100.
