Gold prices loses 685 rupees at Multi Commodity Exchange for December contracts

Gold prices today lost 685 rupees at Multi Commodity Exchange for December contracts. The precious metal was trading at 51,275 rupees per 10 gram.       Silver prices also plunged 1,215 rupees to 59,570 rupees per kilogram for December Contracts when reports last came in.       In the New York Mercantile Exchange, gold was down to trade at 1,687 US dollars and 40 cents per ounce. Silver price was also down to trade at 19 dollars and 90 cents per ounce in intra-day trade.