Daily Gold Market Update - 09 September 2026
Daily Gold Market Update - 09 September 2026
Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4411.7
Downside score: 23/100
Technical Read
| Metric | Value |
|---|---|
| 20-day average | 4469.65 |
| 50-day average | 4245.64 |
| RSI (14) | 51.1 |
| MACD / signal | 48.357 / 73.385 |
| Five-day change | -0.44% |
Estimated Indian Gold Rates
24K: ₹155,360 per 10g
22K: ₹142,410 per 10g
| Session | 24K ₹/10g | 22K ₹/10g |
|---|---|---|
| 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 | ₹155,350 | ₹142,400 |
| 09 Sep | ₹155,360 | ₹142,410 |
Seven-Session 24K Trend
Next-Session Scenario Forecast
Bias: Neutral / range-bound bias
24K range: ₹153,260 - ₹157,460 per 10g; central scenario ₹155,360
22K range: ₹140,485 - ₹144,335 per 10g; central scenario ₹142,410
- US dollar is easing
- weaker equities support safe-haven demand
- Fed and inflation headlines pressure gold
Macro Inputs
| Factor | Latest | Five-day change |
|---|---|---|
| US Dollar Index | 98.795 | -0.64% |
| US 10Y Yield | 4.806 | 1.01% |
| VIX | 15.72 | -3.79% |
| S&P 500 | 7673.52 | -0.16% |
| USD/INR | 94.8 | -0.16% |
| Crude | 94.43 | 10.11% |
Signal Factors
- price below 20-day average
- MACD below its signal
- news includes gold-bearish macro themes
Relevant News Themes
- Gold subdued on inflation worries, rate hike expectations - The Economic 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.
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