Gold and silver prices crash on MCX

The record

Written from the 4 reports below. Nothing here is unsourced.

Gold and silver prices crashed on the Multi Commodity Exchange (MCX) as futures trading opened on Thursday.
Silver fell by over Rs 4,565 per kilogram to Rs 2,30,221, from Rs 2,34,786 at Wednesday's close.
Silver is now about Rs 1,89,827 per kilogram cheaper than its lifetime high of Rs 4,20,048 reached in late January.
Gold dropped by Rs 1,987 per 10 grams to Rs 1,50,483, from Rs 1,52,470 at the previous close.
The sharp fall matters to buyers and investors because gold has now slipped Rs 3,977 per 10 grams just in September.

Whether silver stays near Rs 2,30,221 or falls further after the crash.
Whether gold holds above the Rs 1,50,000 level for 10 grams of 24 karat.
How prices behave ahead of the December 4 silver and October 5 gold contract expiries.

Every report on this story, newest first. Times are when each outlet published.

Who is affected first and what likely follows, with a direction and a horizon. Extracted from the reports, never invented.

4 reports

Indian-language4

All filed from IndiaSingle origin

Named India · Multi Commodity Exchange · Federal Reserve · Indian Bullion Jewelers Association · Kevin Warsh · Reuters

The 4 reports are listed beside the record.

Answers cite the reports above, or say they can't.