MCX Gold Drops ₹3,082 to ₹1,49,361 as COMEX Sell-Off and Softer Rupee Combine

MCX Gold has fallen 2.02% from its previous close of ₹1,52,443 to ₹1,49,361 per 10g as of 02:34 pm IST on 10 June. The primary mechanical driver is a sharp 1.48% decline in COMEX Gold from $4,260 to $4,196.9 per oz, which has directly pulled domestic prices lower. A partial offset from the rupee softening — USD/INR slipping 0.37% from 95.69 to 95.33 — limited further losses marginally. MCX Silver is tracking in tandem, down 2.09% to ₹2,33,539/kg, confirming broad precious-metal selling pressure rather than a gold-specific event. No prior BhaavBrief flash exists for this instrument, so this is not an extension or reversal of a recent move. Watch: ₹1,48,500 as the next key support level to monitor.