Gold prices plunged by Rs 150 per ten gram in the bullion market as stockists off-loaded part of their holdings amid buyers postponing their purchase anticipating even lower prices, reports agency sources.

The gold market also influenced by weak global cues such as reports of declining crude oil, gold and copper prices reflecting slowdown in global economy. The worst financial crisis since the Great Depression has curbed demand from builders and carmakers, damped prices.

Standard gold an