Commodities Gold rate today: Yellow metal plunges over 3%; finds support at Rs 50,000 per 10 grams level Updated : August 12, 2020 11:13 AM IST On Tuesday, gold prices plummeted over 5 percent or by more than Rs 3,000 while Silver plunged 12 percent or by Rs 9,000 on the MCX. US gold futures slid 2.4 percent to $1,900. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.