India gold price, October 30: MCX rate crashes below ₹1.42 lakh ahead of Dhanteras - What's triggering sell-off?

Gold prices fell sharply on October 30, with MCX gold dropping below ₹1.43 lakh per 10 grams and international prices reaching their lowest since mid-July. Strong US inflation and growth data, higher oil prices, and expectations of a December Fed rate hike weighed on demand.