Daily Gold Market Update - 08 September 2026

Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4468.6
Downside score: 20/100

Technical Read

Metric	Value
20-day average	4472.49
50-day average	4246.78
RSI (14)	54.8
MACD / signal	52.896 / 74.292
Five-day change	0.85%

Estimated Indian Gold Rates

24K: ₹154,140 per 10g
22K: ₹141,290 per 10g

Session	24K ₹/10g	22K ₹/10g
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
07 Sep	₹154,150	₹141,300
08 Sep	₹154,140	₹141,290

Seven-Session 24K Trend

Next-Session Scenario Forecast

Bias: Neutral / range-bound bias
24K range: ₹152,057 - ₹156,223 per 10g; central scenario ₹154,140
22K range: ₹139,381 - ₹143,199 per 10g; central scenario ₹141,290

• US dollar is easing
• global news retains safe-haven themes
• Fed and inflation headlines pressure gold

Macro Inputs

Factor	Latest	Five-day change
US Dollar Index	99.176	-0.26%
US 10Y Yield	4.784	1.36%
VIX	15.3	2.55%
S&P 500	7718.6	0.09%
USD/INR	94.475	-0.67%
Crude	92.55	7.92%

Signal Factors

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

Relevant News Themes

• Gold Trades Near $4,410 as Markets Price 60% Odds of September Fed Rate Hike - Sahi
• Russian gold floods through Hong Kong in wake of western sanctions - Financial Times

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.