Daily Gold Market Update - 29 August 2026
Daily Gold Market Update - 29 August 2026
Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4504.1
Downside score: 14/100
Technical Read
| Metric | Value |
|---|---|
| 20-day average | 4412.99 |
| 50-day average | 4209.3 |
| RSI (14) | 59.1 |
| MACD / signal | 114.438 / 103.69 |
| Five-day change | -2.6% |
Macro Inputs
| Factor | Latest | Five-day change |
|---|---|---|
| US Dollar Index | 99.677 | 0.89% |
| US 10Y Yield | 4.72 | -0.38% |
| VIX | 14.43 | -4.63% |
| S&P 500 | 7711.76 | 0.49% |
| USD/INR | 95.36 | -0.43% |
| Crude | 83.44 | -4.16% |
Signal Factors
- negative five-day return
- US dollar index rising
- news includes gold-bearish macro themes
- news includes safe-haven support themes
Relevant News Themes
- Gold sees biggest drop since July, prices fall 2% after Fed Chair Kevin Warsh’s hawkish inflation stance - Moneycontrol.com
- Daily summary: Gold retreats 3% as US dollar rebounds after hawkish Warsh speech in Jackson Hole - XTB.com
- Gold drops as Fed's Warsh comments lift rate hike bets - CNBC
- Gold prices down over 3% after Fed's Warsh's inflation remarks - Anadolu Ajansı
- Gold drops ahead of Fed chief Warsh’s Jackson Hole speech - BusinessLine
- Gold price drops as Warsh warns Fed still has ‘work to do’ on inflation - Mining.com
- Gold prices down 1% following Fed's Kevin Warsh hints at rate hike, trading at ₹1,56,780/10 gm — Check details - Livemint
- Gold sees biggest drop since July, prices fall 2% after Fed Chair Kevin Warsh’s hawkish inflation stance - Moneycontrol.com
COMEX gold futures are used as a directional proxy for TradingView XAU/USD. War, tariffs, Trump-related policy, and other geopolitical events are classified as headline context only; they do not independently create an alert. This is educational market research, not investment advice.
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