Daily Gold Market Update - 18 September 2026

Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4390.7
Downside score: 34/100

Technical Read

Metric	Value
20-day average	4498.96
50-day average	4319.39
RSI (14)	47.4
MACD / signal	-2.548 / 24.524
Five-day change	-0.38%

Estimated Indian Gold Rates

24K: ₹152,830 per 10g
22K: ₹140,090 per 10g

Session	24K ₹/10g	22K ₹/10g
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	₹152,840	₹140,100
18 Sep	₹152,830	₹140,090

Seven-Session 24K Trend

Next-Session Scenario Forecast

Bias: Mild bearish bias
24K range: ₹150,101 - ₹155,559 per 10g; central scenario ₹151,557
22K range: ₹137,589 - ₹142,591 per 10g; central scenario ₹138,923

• falling VIX reduces safe-haven demand
• global news retains safe-haven themes
• Fed and inflation headlines pressure gold
• a rising dollar would pressure gold

Macro Inputs

Factor	Latest	Five-day change
US Dollar Index	100.216	1.14%
US 10Y Yield	4.947	0.06%
VIX	15.44	-13.45%
S&P 500	7637.76	0.61%
USD/INR	95.93	0.25%
Crude	101.16	-1.29%

Signal Factors

• price below 20-day average
• MACD below its signal
• US dollar index rising
• volatility premium easing
• news includes gold-bearish macro themes
• news includes safe-haven support themes

Relevant News Themes

• A hawkish Fed won't keep gold price down for long - FxPro's Kuptsikevich - kitco.com
• Gold vs silver: How Fed rate hike, dollar and geopolitical risks affect prices - CNBC TV18
• Gears of War: E-Day Has Gone Gold, Pre-Install Begins September 29, Full PC Specifications Revealed - XBOX Wire
• Gold vs silver: How Fed rate hike, dollar and geopolitical risks affect prices - CNBC TV18

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.