Daily Gold Market Update - 17 September 2026
Daily Gold Market Update - 17 September 2026
Status: Confirmed pullback alert
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4321.9
Downside score: 80/100
Technical Read
| Metric | Value |
|---|---|
| 20-day average | 4503.41 |
| 50-day average | 4311.91 |
| RSI (14) | 41.7 |
| MACD / signal | -5.051 / 30.245 |
| Five-day change | -3.11% |
Estimated Indian Gold Rates
24K: ₹153,450 per 10g
22K: ₹140,660 per 10g
| Session | 24K ₹/10g | 22K ₹/10g |
|---|---|---|
| 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 | ₹153,440 | ₹140,650 |
| 17 Sep | ₹153,450 | ₹140,660 |
Seven-Session 24K Trend
Next-Session Scenario Forecast
Bias: Mild bearish bias
24K range: ₹150,655 - ₹156,245 per 10g; central scenario ₹152,146
22K range: ₹138,098 - ₹143,222 per 10g; central scenario ₹139,464
- 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 | 100.338 | 1.59% |
| US 10Y Yield | 5.006 | 3.49% |
| VIX | 17.71 | 7.59% |
| S&P 500 | 7551.81 | -1.11% |
| USD/INR | 95.94 | 0.87% |
| Crude | 102.02 | 6.22% |
Signal Factors
- price below 20-day average
- RSI below 45
- MACD below its signal
- negative five-day return
- new 20-day closing low
- US dollar index rising
- US 10-year yield rising
- news includes gold-bearish macro themes
Relevant News Themes
- Gold price drops to $4,310/oz as Fed votes 12-0 in favor of 25 bps rate hike, with 16 of 18 policymakers seeing another hike in 2026 - KITCO
- How US Fed Rate Hike Will Impact Gold Prices — Key Factors To Watch - NDTV Profit
- Gold slips as Fed hike, hawkish outlook strengthen dollar By Investing.com - Investing.com India
- Ahead of US Fed rate hike impact on gold rates prediction: How FOMC outcome will effect yellow metal - Livemint
- Gold falls to near $4,250 after Fed delivers rate hike - FXStreet
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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