Daily Gold Market Update - 22 September 2026
Daily Gold Market Update - 22 September 2026
Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4390.2
Downside score: 47/100
Technical Read
| Metric | Value |
|---|---|
| 20-day average | 4477.57 |
| 50-day average | 4330.78 |
| RSI (14) | 47.4 |
| MACD / signal | -3.772 / 14.812 |
| Five-day change | 0.88% |
Estimated Indian Gold Rates
24K: ₹154,570 per 10g
22K: ₹141,690 per 10g
| Session | 24K ₹/10g | 22K ₹/10g |
|---|---|---|
| 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 | ₹154,580 | ₹141,700 |
| 22 Sep | ₹154,570 | ₹141,690 |
Seven-Session 24K Trend
Next-Session Scenario Forecast
Bias: Mild bearish bias
24K range: ₹151,814 - ₹157,326 per 10g; central scenario ₹153,284
22K range: ₹139,163 - ₹144,217 per 10g; central scenario ₹140,511
- falling VIX reduces safe-haven demand
- rising equities favor risk appetite
- 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 | 100.394 | 0.94% |
| US 10Y Yield | 4.963 | 0.04% |
| VIX | 14.87 | -13.04% |
| S&P 500 | 7764.7 | 1.9% |
| USD/INR | 95.805 | -0.03% |
| Crude | 92.96 | -8.31% |
Signal Factors
- price below 20-day average
- MACD below its signal
- US dollar index rising
- volatility premium easing
- equity risk appetite improving
- news includes gold-bearish macro themes
- news includes safe-haven support themes
Relevant News Themes
- Gold falls on rising odds of Fed rate hike, stronger dollar - Reuters
- Gold Holds Firm Despite Stronger US Dollar and Hawkish Fed - FOREX.com
- Gold Holds Firm Despite Stronger US Dollar and Hawkish Fed - Forex Factory
- Gold snaps three-session win streak as dollar rises, oil prices fall - TradingView
- Gold And Silver Prices Slip As Fresh US-Iran Tensions Keep Inflation, Rate Hike Fears Alive - Outlook Money
- Gold forecast: XAU/USD caught between conflicting forces - stonex.com
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