Gold prices in India crashed by more than ₹2,000 per 10 grams in a day, tracking a sharp decline in global rates. February gold futures on MCX closed at ₹48,818 per 10 grams on Friday, down 4.1% or ₹2,086. Meanwhile, silver prices plunged by ₹6,112 or 8.7% to end at ₹63,850 per kg on Friday.