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Gold prices in India plummeted on the Multi Commodity Exchange (MCX) on Thursday and prices fell internationally as well.

At 10:30 am, gold futures for December delivery fell 0.21 percent to Rs 50,435 per 10 grams. Silver futures fell 0.66 percent to Rs 61,195 per kg. The prices opened at Rs 61,114 as compared to the previous close of Rs 61,603 per kg.

International gold prices fell in the form of the dollar on Thursday. Spot gold fell 0.2 percent to $ 1,896.26 an ounce, an increase of 1.1 percent in the previous session. US gold futures fell 0.4 percent to $ 1,899 per dollar.