Daily Gold Market Update - 09 October 2026

Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4201.7
Downside score: 45/100

Technical Read

Metric	Value
20-day average	4279.46
50-day average	4375.54
RSI (14)	41.6
MACD / signal	-66.295 / -55.715
Five-day change	-0.01%

Estimated Indian Gold Rates

24K: ₹149,560 per 10g
22K: ₹137,090 per 10g

Session	24K ₹/10g	22K ₹/10g
03 Oct	₹149,180	₹136,750
04 Oct	₹149,180	₹136,750
05 Oct	₹149,180	₹136,750
06 Oct	₹150,220	₹137,700
07 Oct	₹149,570	₹137,100
08 Oct	₹149,570	₹137,100
09 Oct	₹149,560	₹137,090

Seven-Session 24K Trend

Next-Session Scenario Forecast

Bias: Neutral / range-bound bias
24K range: ₹147,127 - ₹151,993 per 10g; central scenario ₹149,560
22K range: ₹134,859 - ₹139,321 per 10g; central scenario ₹137,090

• US dollar is easing
• US 10-year yield is easing
• falling VIX reduces safe-haven demand
• rising equities favor risk appetite
• global news retains safe-haven themes

Macro Inputs

Factor	Latest	Five-day change
US Dollar Index	102.017	-0.08%
US 10Y Yield	5.231	-0.11%
VIX	15.41	-5.98%
S&P 500	7765.36	1.29%
USD/INR	96.78	0.58%
Crude	90.8	-2.23%

Signal Factors

• price below 20-day average
• 20-day average below 50-day average
• RSI below 45
• MACD below its signal
• volatility premium easing
• equity risk appetite improving
• news includes safe-haven support themes

Relevant News Themes

• New Cold War: Why is China buying more gold? Explained - WION

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.