Daily Gold Market Update - 29 September 2026
Daily Gold Market Update - 29 September 2026
Status: Confirmed pullback alert
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4167.6
Downside score: 68/100
Technical Read
| Metric | Value |
|---|---|
| 20-day average | 4389.36 |
| 50-day average | 4357.52 |
| RSI (14) | 32.9 |
| MACD / signal | -38.326 / -11.295 |
| Five-day change | -4.93% |
Estimated Indian Gold Rates
24K: ₹150,160 per 10g
22K: ₹137,640 per 10g
| Session | 24K ₹/10g | 22K ₹/10g |
|---|---|---|
| 23 Sep | ₹154,200 | ₹141,350 |
| 24 Sep | ₹152,680 | ₹139,950 |
| 25 Sep | ₹152,840 | ₹140,100 |
| 26 Sep | ₹152,680 | ₹139,950 |
| 27 Sep | ₹152,680 | ₹139,950 |
| 28 Sep | ₹150,170 | ₹137,650 |
| 29 Sep | ₹150,160 | ₹137,640 |
Seven-Session 24K Trend
Next-Session Scenario Forecast
Bias: Neutral / range-bound bias
24K range: ₹147,367 - ₹152,953 per 10g; central scenario ₹150,160
22K range: ₹135,080 - ₹140,200 per 10g; central scenario ₹137,640
- weaker equities support safe-haven demand
- recent five-day price momentum is negative
- a rising dollar would pressure gold
Macro Inputs
| Factor | Latest | Five-day change |
|---|---|---|
| US Dollar Index | 101.189 | 0.76% |
| US 10Y Yield | 5.24 | 5.58% |
| VIX | 16.07 | 8.07% |
| S&P 500 | 7683.69 | -1.04% |
| USD/INR | 95.973 | 0.27% |
| Crude | 93.61 | -2.27% |
Signal Factors
- price below 20-day average
- RSI below 45
- MACD below its signal
- negative five-day return
- new 20-day closing low
- US dollar index rising
- US 10-year yield rising
Relevant News Themes
- No classified gold-relevant headline.
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.
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