Daily Gold Market Update - 26 September 2026

Status: Confirmed pullback alert
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4320.5
Downside score: 68/100

Technical Read

Metric	Value
20-day average	4407.44
50-day average	4354.53
RSI (14)	42.7
MACD / signal	-23.883 / -4.549
Five-day change	-2.36%

Estimated Indian Gold Rates

24K: ₹152,850 per 10g
22K: ₹140,110 per 10g

Session	24K ₹/10g	22K ₹/10g
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	₹152,840	₹140,100
26 Sep	₹152,850	₹140,110

Seven-Session 24K Trend

Next-Session Scenario Forecast

Bias: Mild bearish bias
24K range: ₹150,255 - ₹155,445 per 10g; central scenario ₹151,639
22K range: ₹137,732 - ₹142,488 per 10g; central scenario ₹139,000

• 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	101.035	0.81%
US 10Y Yield	5.184	3.72%
VIX	14.87	0.41%
S&P 500	7743.41	1.21%
USD/INR	95.802	0.0%
Crude	92.44	-7.84%

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

Relevant News Themes

• Mounting rate hike bets keep weekly loss in sight for gold - Reuters
• Gold price outlook: MCX gold slips for the week as US Fed rate hike bets rise; what’s next for the yellow metal? - 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.