Daily Gold Market Update - 12 October 2026

Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4232.4
Downside score: 37/100

Technical Read

Metric	Value
20-day average	4261.62
50-day average	4379.48
RSI (14)	45.3
MACD / signal	-58.077 / -58.031
Five-day change	1.82%

Estimated Indian Gold Rates

24K: ₹151,410 per 10g
22K: ₹138,790 per 10g

Session	24K ₹/10g	22K ₹/10g
06 Oct	₹150,220	₹137,700
07 Oct	₹149,570	₹137,100
08 Oct	₹149,570	₹137,100
09 Oct	₹150,710	₹138,150
10 Oct	₹151,420	₹138,800
11 Oct	₹151,420	₹138,800
12 Oct	₹151,410	₹138,790

Seven-Session 24K Trend

Next-Session Scenario Forecast

Bias: Neutral / range-bound bias
24K range: ₹149,131 - ₹153,689 per 10g; central scenario ₹151,410
22K range: ₹136,701 - ₹140,879 per 10g; central scenario ₹138,790

• US dollar is easing
• US 10-year yield is easing
• rising equities favor risk appetite
• Fed and inflation headlines pressure gold

Macro Inputs

Factor	Latest	Five-day change
US Dollar Index	102.148	-0.02%
US 10Y Yield	5.244	-0.63%
VIX	14.84	-3.07%
S&P 500	7811.54	1.15%
USD/INR	96.78	0.47%
Crude	90.17	0.83%

Signal Factors

• price below 20-day average
• 20-day average below 50-day average
• MACD below its signal
• equity risk appetite improving
• news includes gold-bearish macro themes

Relevant News Themes

• Gold Edges Up as Traders Weigh Russia-Ukraine ‘Energy Ceasefire’ - Bloomberg.com

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.