NEW YORK, Nov 12 (Reuters) - Gold futures in New York plummeted 4 percent below $800 on Monday as bullion investors took profits as a wave of risk aversion swept through the precious metals markets.
At 11:26 a.m. EST (1626 GMT), most-active gold for December delivery on the COMEX division of the New York Mercantile Exchange dived $35.10 or 4.2 percent to $799.60 an ounce.
COMEX December silver contracts dropped more than 5 percent to $14.74 an ounce, while platinum and palladium contracts fell about 2 percent.
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