MCX Gold Slides ₹4,674 to ₹1,49,296, Reversing the 17 Jun Recovery as COMEX and Rupee Both Turn

MCX Gold has fallen ₹4,674, from ₹1,53,970 to ₹1,49,296 per 10g, a move of 3.04% since the flash posted at 17 Jun, 11:10 pm IST. This fully reverses the ₹4,609 surge reported in that earlier flash and pulls the contract back near the 10 Jun low of ₹1,49,361 seen in the flash dated 10 Jun, 02:34 pm IST. The mechanical drivers are dual: COMEX Gold has dropped 2.54% to USD 4,248.3 per oz, and the rupee has simultaneously firmed 0.60% to 94.32 against the dollar, compressing the INR translation of the COMEX decline further. Silver's sharper 5.70% MCX fall confirms broad precious-metal pressure. Watch: ₹1,49,000 as the next structural level below current price.