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Why are gold prices crashing today? MCX Gold down Rs 3,200/10 grams, plunges over 2% - top reasons for fa

World Gold brief based on reporting byThe Times of India
Brief

Reported by The Times of India: “Why are gold prices crashing today? MCX Gold down Rs 3,200/10 grams, plunges over 2% - top reasons for fa”. Gold settled at $4,196 an ounce on September 28, 2026 — $134.89 per gram, -2.91% on the day. The headline carries a figure: 2% — quoted as published, not independently verified.

Why it matters

The development may change short-term gold-price expectations. Confirmation requires comparing the headline with COMEX, the dollar, yields and trading volume. The direction is consistent with that session's settlement: -2.91%.

Transmission channels
  • COMEX price
  • US Dollar Index
  • US 10Y yield
  • volume and momentum
What to watch next
  • price confirmation
  • trading volume
  • cross-asset reaction
  • official confirmation of 2%
Methodology and transparency

This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.

Read the full report at the original publisherThe Times of India
Data on this topicGold price and reserves in IndiaGold price today by currency
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