Daily Gold Market Update - 06 September 2026

Daily Gold Market Update - 06 September 2026

Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4429.8
Downside score: 33/100

Technical Read

MetricValue
20-day average4467.15
50-day average4238.98
RSI (14)52.3
MACD / signal56.031 / 79.642
Five-day change-1.08%

Estimated Indian Gold Rates

24K: ₹154,800 per 10g
22K: ₹141,900 per 10g

Session24K ₹/10g22K ₹/10g
31 Aug₹156,770₹143,700
01 Sep₹154,090₹141,250
02 Sep₹152,020₹139,350
03 Sep₹155,350₹142,400
04 Sep₹156,660₹143,600
05 Sep₹154,800₹141,900
06 Sep₹154,800₹141,900

Seven-Session 24K Trend

31 Aug01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep₹156,770/10g₹152,020/10g

Next-Session Scenario Forecast

Bias: Neutral / range-bound bias
24K range: ₹152,648 - ₹156,952 per 10g; central scenario ₹154,800
22K range: ₹139,928 - ₹143,872 per 10g; central scenario ₹141,900

  • US dollar is easing
  • global news retains safe-haven themes
  • Fed and inflation headlines pressure gold
  • recent five-day price momentum is negative

Macro Inputs

FactorLatestFive-day change
US Dollar Index99.16-0.54%
US 10Y Yield4.7841.36%
VIX14.530.69%
S&P 5007718.60.09%
USD/INR94.49-0.93%
Crude91.489.69%

Signal Factors

  • price below 20-day average
  • MACD below its signal
  • negative five-day return
  • news includes gold-bearish macro themes
  • news includes safe-haven support themes

Relevant News Themes

  • Gold dips 3 pc on weekly basis over hopes of US Fed rate hike - thehawk.in
  • Gold jumps 2% as Fed Governor Waller's comments temper rate hike bets - Reuters
  • Gold Rises 3% As Dollar Weakens, Rate Hike Expectations Fall - Forbes
  • What the War in Iran Has Cost One Gold Star Family - The New York Times
  • U.S. sanctions Turkish bank, accusing it of helping Iran transfer oil revenue from China to Turkey - Fortune

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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