Daily Gold Market Update - 01 September 2026

Daily Gold Market Update - 01 September 2026

Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4482.2
Downside score: 42/100

Technical Read

MetricValue
20-day average4434.11
50-day average4213.94
RSI (14)57.2
MACD / signal102.238 / 103.067
Five-day change-3.42%

Estimated Indian Gold Rates

24K: ₹156,760 per 10g
22K: ₹143,690 per 10g

Session24K ₹/10g22K ₹/10g
26 Aug₹163,750₹150,100
27 Aug₹160,640₹147,250
28 Aug₹161,130₹147,700
29 Aug₹158,240₹145,050
30 Aug₹158,240₹145,050
31 Aug₹156,770₹143,700
01 Sep₹156,760₹143,690

Seven-Session 24K Trend

26 Aug27 Aug28 Aug29 Aug30 Aug31 Aug01 Sep₹163,750/10g₹156,760/10g

Next-Session Scenario Forecast

Bias: Mild bearish bias
24K range: ₹154,840 - ₹158,680 per 10g; central scenario ₹155,864
22K range: ₹141,930 - ₹145,450 per 10g; central scenario ₹142,869

  • price remains above the 20-day average
  • Fed and inflation headlines pressure gold
  • recent five-day price momentum is negative
  • a rising dollar would pressure gold

Macro Inputs

FactorLatestFive-day change
US Dollar Index99.4930.7%
US 10Y Yield4.7580.42%
VIX14.92-1.39%
S&P 5007686.140.15%
USD/INR95.152-0.6%
Crude86.762.06%

Signal Factors

  • MACD below its signal
  • negative five-day return
  • US dollar index rising
  • news includes gold-bearish macro themes

Relevant News Themes

  • Gold slips to near two-week low on Fed rate hike bets - Reuters
  • Gold slips to near two-week low on Fed rate hike bets - CNBC
  • Gold, silver price corrections may create buying opportunities despite hawkish Fed, says analyst - KITCO
  • Gold extends losing streak, falls Rs 1,500 on hawkish Fed, rising oil prices - rediff.com
  • Gold drops 3% as Fed's Warsh comments lift rate hike bets - Reuters
  • Gold drops as Fed's Warsh comments lift rate hike bets - CNBC

Hyderabad rates are sourced from Goodreturns and are indicative city retail rates before GST, jeweller premium, making charges, and local taxes. USA, China, Russia, war, tariffs, Trump-related policy, and other geopolitical events are classified as news context only; they do not independently create an alert. The forecast is a scenario range, not a guarantee. This is educational market research, not investment advice.

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