The MCX Gold Dec future has tumbled over Rs 200 from the days high to touch a low at Rs 26,355.
The spot prices of Gold and Silver are trading lower.
MCX Gold futures are trading at Rs 26,540 per 10 grams,
The MCX Silver Dec futures have now advanced over 0.5 per cent, and have seen trades of around 1,148-odd lots.
The Indian Gold Dec futures so far has touched a high of Rs 26,539.
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Gold jumps towards $ 1,200