Daily Gold Market Update - 25 September 2026

Status: Confirmed pullback alert
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4320.4
Downside score: 69/100

Technical Read

Metric	Value
20-day average	4425.73
50-day average	4348.41
RSI (14)	42.0
MACD / signal	-18.828 / 0.642
Five-day change	-1.8%

Estimated Indian Gold Rates

24K: ₹152,670 per 10g
22K: ₹139,940 per 10g

Session	24K ₹/10g	22K ₹/10g
19 Sep	₹155,840	₹142,850
20 Sep	₹155,840	₹142,850
21 Sep	₹154,580	₹141,700
22 Sep	₹153,330	₹140,550
23 Sep	₹154,200	₹141,350
24 Sep	₹152,680	₹139,950
25 Sep	₹152,670	₹139,940

Seven-Session 24K Trend

Next-Session Scenario Forecast

Bias: Mild bearish bias
24K range: ₹150,059 - ₹155,281 per 10g; central scenario ₹151,452
22K range: ₹137,547 - ₹142,333 per 10g; central scenario ₹138,823

• falling VIX reduces safe-haven demand
• rising equities favor risk appetite
• 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	101.243	0.93%
US 10Y Yield	5.162	3.12%
VIX	15.67	-11.52%
S&P 500	7704.13	2.02%
USD/INR	95.945	0.15%
Crude	93.14	-8.61%

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
• volatility premium easing
• equity risk appetite improving
• news includes gold-bearish macro themes

Relevant News Themes

• Gold declines below $4,300 as rising oil prices and hawkish Fed stance dampen appeal - 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.