Gold prices plummeted today in the futures market on selling buy the traders due to the fresh offerings from stockists triggered by fall in New York.
Gold futures Dec contract declined by Rs 288 to Rs 12496 per ten grams on the MCX counter with a trading volume of five lots.
Gold futures for December delivery fell by USD 34.50 per ounce to USD 804.50 an ounce on the Comex division of the New York Mercantile Exchange, the biggest percentage decline for a most-active contract since October 2.
