Daily Gold Market Update - 19 October 2026

Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4195.4
Downside score: 20/100

Technical Read

Metric	Value
20-day average	4204.68
50-day average	4370.33
RSI (14)	45.1
MACD / signal	-50.824 / -57.248
Five-day change	0.11%

Estimated Indian Gold Rates

24K: ₹147,650 per 10g
22K: ₹135,340 per 10g

Session	24K ₹/10g	22K ₹/10g
13 Oct	₹149,290	₹136,850
14 Oct	₹148,260	₹135,900
15 Oct	₹147,440	₹135,150
16 Oct	₹147,440	₹135,150
17 Oct	₹147,660	₹135,350
18 Oct	₹147,660	₹135,350
19 Oct	₹147,650	₹135,340

Seven-Session 24K Trend

Next-Session Scenario Forecast

Bias: Mild bullish bias
24K range: ₹145,536 - ₹149,764 per 10g; central scenario ₹148,636
22K range: ₹133,402 - ₹137,278 per 10g; central scenario ₹136,244

• MACD remains above its signal
• US dollar is easing
• US 10-year yield is easing
• weaker equities support safe-haven demand
• global news retains safe-haven themes
• Fed and inflation headlines pressure gold

Macro Inputs

Factor	Latest	Five-day change
US Dollar Index	101.819	-0.74%
US 10Y Yield	5.098	-2.78%
VIX	19.99	34.7%
S&P 500	7659.44	-1.95%
USD/INR	94.95	-1.89%
Crude	97.54	4.05%

Signal Factors

• price below 20-day average
• 20-day average below 50-day average
• news includes gold-bearish macro themes
• news includes safe-haven support themes

Relevant News Themes

• Gold drops over 1% as hot US inflation data boosts Fed hike bets - Reuters
• Gold gains ground above $4,150 as Fed avoids policy signals, geopolitical risks stay in focus - FXStreet

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.