Daily Gold Market Update - 16 September 2026

Status: Confirmed pullback alert
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4352.3
Downside score: 61/100

Technical Read

Metric	Value
20-day average	4509.32
50-day average	4309.01
RSI (14)	43.8
MACD / signal	5.546 / 39.38
Five-day change	-1.95%

Estimated Indian Gold Rates

24K: ₹153,160 per 10g
22K: ₹140,390 per 10g

Session	24K ₹/10g	22K ₹/10g
10 Sep	₹155,510	₹142,550
11 Sep	₹154,420	₹141,550
12 Sep	₹154,580	₹141,700
13 Sep	₹154,580	₹141,700
14 Sep	₹154,090	₹141,250
15 Sep	₹153,170	₹140,400
16 Sep	₹153,160	₹140,390

Seven-Session 24K Trend

Next-Session Scenario Forecast

Bias: Mild bearish bias
24K range: ₹150,331 - ₹155,989 per 10g; central scenario ₹151,840
22K range: ₹137,796 - ₹142,984 per 10g; central scenario ₹139,180

• weaker equities support safe-haven demand
• Fed and inflation headlines pressure gold
• recent five-day price momentum is negative
• a rising dollar would pressure gold

Macro Inputs

Factor	Latest	Five-day change
US Dollar Index	99.645	0.81%
US 10Y Yield	4.996	3.95%
VIX	17.2	9.41%
S&P 500	7585.73	-1.14%
USD/INR	95.94	1.18%
Crude	104.67	12.51%

Signal Factors

• price below 20-day average
• RSI below 45
• MACD below its signal
• negative five-day return
• US dollar index rising
• US 10-year yield rising
• news includes gold-bearish macro themes

Relevant News Themes

• Gold holds steady despite rising US bond yields and Fed rate hike fears amid Middle East tensions. - Pluang

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.