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

MetricValue
20-day average4412.99
50-day average4209.3
RSI (14)59.1
MACD / signal114.438 / 103.69
Five-day change-2.6%

Macro Inputs

FactorLatestFive-day change
US Dollar Index99.6770.89%
US 10Y Yield4.72-0.38%
VIX14.43-4.63%
S&P 5007711.760.49%
USD/INR95.36-0.43%
Crude83.44-4.16%

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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