Daily Gold Market Update - 21 September 2026

Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4406.1
Downside score: 34/100

Technical Read

Metric	Value
20-day average	4478.36
50-day average	4331.1
RSI (14)	48.7
MACD / signal	-2.504 / 15.066
Five-day change	1.25%

Estimated Indian Gold Rates

24K: ₹155,830 per 10g
22K: ₹142,840 per 10g

Session	24K ₹/10g	22K ₹/10g
15 Sep	₹153,170	₹140,400
16 Sep	₹153,440	₹140,650
17 Sep	₹152,840	₹140,100
18 Sep	₹154,420	₹141,550
19 Sep	₹155,840	₹142,850
20 Sep	₹155,840	₹142,850
21 Sep	₹155,830	₹142,840

Seven-Session 24K Trend

Next-Session Scenario Forecast

Bias: Neutral / range-bound bias
24K range: ₹153,099 - ₹158,561 per 10g; central scenario ₹155,830
22K range: ₹140,337 - ₹145,343 per 10g; central scenario ₹142,840

• weaker equities support safe-haven demand
• 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	100.251	0.8%
US 10Y Yield	4.998	0.46%
VIX	14.81	-6.5%
S&P 500	7650.5	-0.08%
USD/INR	95.863	0.87%
Crude	93.97	-7.32%

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

• Gold slips as higher yields weigh; silver trades near $67.30 an ounce - CNBC TV18
• Gold edges lower to near $4,350 on Fed hawkish stance, Middle East tensions - FXStreet
• Gold prices flat with focus on U.S.-China talks, Iran conflict - Investing.com
• Gold price prediction: Will US-Iran war, crude oil rates impact yellow metal rates? Check technical outlook - Livemint

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.