Gold prices drop sharply on the Multi Commodity Exchange (MCX) on September 28, with October futures falling about 1.92% to Rs 1,47,989, according to NDTV. The decline pushes prices to below the Rs 1.5 lakh level.
In the session, trading also moves toward a stated support area around Rs 1,47,300–Rs 1,48,000. The provided report frames the movement as a near-term technical dip, with prices testing that range as the market reacts during the day. No other outlets or additional drivers—such as global spot prices, currency moves, or demand changes—are included in the supplied materials, so the coverage focuses primarily on the MCX futures move and its associated price levels.
