Daily Gold Market Update - 05 October 2026

Status: Confirmed pullback alert
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4182.0
Downside score: 59/100

Technical Read

Metric	Value
20-day average	4319.6
50-day average	4368.5
RSI (14)	36.5
MACD / signal	-65.257 / -43.95
Five-day change	0.33%

Estimated Indian Gold Rates

24K: ₹149,170 per 10g
22K: ₹136,740 per 10g

Session	24K ₹/10g	22K ₹/10g
29 Sep	₹148,800	₹136,400
30 Sep	₹149,570	₹137,100
01 Oct	₹149,240	₹136,800
02 Oct	₹150,280	₹137,750
03 Oct	₹149,180	₹136,750
04 Oct	₹149,180	₹136,750
05 Oct	₹149,170	₹136,740

Seven-Session 24K Trend

Next-Session Scenario Forecast

Bias: Neutral / range-bound bias
24K range: ₹146,709 - ₹151,631 per 10g; central scenario ₹149,170
22K range: ₹134,484 - ₹138,996 per 10g; central scenario ₹136,740

• weaker equities support safe-haven demand
• Fed and inflation headlines pressure gold
• a rising dollar would pressure gold

Macro Inputs

Factor	Latest	Five-day change
US Dollar Index	102.216	1.0%
US 10Y Yield	5.277	1.79%
VIX	15.31	2.96%
S&P 500	7722.72	-0.27%
USD/INR	96.3	0.53%
Crude	90.1	-2.7%

Signal Factors

• price below 20-day average
• 20-day average below 50-day average
• RSI below 45
• MACD below its signal
• US dollar index rising
• news includes gold-bearish macro themes

Relevant News Themes

• Gold gains as October Fed rate hike prospects fade - Reuters
• Gold holds gains above $4,150 as traders trim bets on Fed rate hikes - FXStreet
• Gold gains as October Fed rate hike prospects fade - TradingView

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.