Daily Gold Market Update - 12 September 2026
Daily Gold Market Update - 12 September 2026
Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4390.0
Downside score: 47/100
Technical Read
| Metric | Value |
|---|---|
| 20-day average | 4469.51 |
| 50-day average | 4266.43 |
| RSI (14) | 49.7 |
| MACD / signal | 26.31 / 53.038 |
| Five-day change | -2.26% |
Estimated Indian Gold Rates
24K: ₹154,410 per 10g
22K: ₹141,540 per 10g
| Session | 24K ₹/10g | 22K ₹/10g |
|---|---|---|
| 06 Sep | ₹154,800 | ₹141,900 |
| 07 Sep | ₹154,150 | ₹141,300 |
| 08 Sep | ₹155,350 | ₹142,400 |
| 09 Sep | ₹154,310 | ₹141,450 |
| 10 Sep | ₹155,510 | ₹142,550 |
| 11 Sep | ₹154,420 | ₹141,550 |
| 12 Sep | ₹154,410 | ₹141,540 |
Seven-Session 24K Trend
Next-Session Scenario Forecast
Bias: Neutral / range-bound bias
24K range: ₹152,328 - ₹156,492 per 10g; central scenario ₹154,410
22K range: ₹139,632 - ₹143,448 per 10g; central scenario ₹141,540
- weaker equities support safe-haven demand
- global news retains safe-haven themes
- Fed and inflation headlines pressure gold
- recent five-day price momentum is negative
Macro Inputs
| Factor | Latest | Five-day change |
|---|---|---|
| US Dollar Index | 99.095 | 0.1% |
| US 10Y Yield | 4.975 | 4.47% |
| VIX | 15.84 | 9.02% |
| S&P 500 | 7656.98 | -1.17% |
| USD/INR | 95.54 | 1.11% |
| Crude | 99.99 | 9.52% |
Signal Factors
- price below 20-day average
- MACD below its signal
- negative five-day return
- US 10-year yield rising
- news includes gold-bearish macro themes
- news includes safe-haven support themes
Relevant News Themes
- Gold rebounds but Fed rate hike bets risks remain a headwind - FXStreet
- Gold rises on dip-buying even as Fed rate hike bets rise after US inflation data - Reuters
- No Fed Jitters? Gold Spikes Nearly 2% Even As US Inflation Stats Bolster Next Week Rate Hike Bets - NDTV Profit
- Gold holds above $4,300 as Fed rate hike looms, signaling resilience amid inflation and debt concerns. - Pluang
- Gold climbs on dip-buying, Fed rate hike bets rise after US inflation data - The Korea Times
- Gold and Silver Prices Rise Amid Fed Rate Hike Speculations - India News Network
- Pentagon’s secret plan: Reviving Cold War doctrines to lower the threshold for nuclear war - Bulletin of the Atomic Scientists
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.
Comments
Post a Comment