Daily Gold Market Update - 20 October 2026
Daily Gold Market Update - 20 October 2026
Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4154.2
Downside score: 33/100
Technical Read
| Metric | Value |
|---|---|
| 20-day average | 4202.62 |
| 50-day average | 4369.5 |
| RSI (14) | 41.2 |
| MACD / signal | -54.111 / -57.905 |
| Five-day change | -0.87% |
Estimated Indian Gold Rates
24K: ₹148,050 per 10g
22K: ₹135,710 per 10g
| Session | 24K ₹/10g | 22K ₹/10g |
|---|---|---|
| 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 | ₹148,040 | ₹135,700 |
| 20 Oct | ₹148,050 | ₹135,710 |
Seven-Session 24K Trend
Next-Session Scenario Forecast
Bias: Mild bullish bias
24K range: ₹145,882 - ₹150,218 per 10g; central scenario ₹149,062
22K range: ₹133,723 - ₹137,697 per 10g; central scenario ₹136,637
- MACD remains above its signal
- US dollar is easing
- US 10-year yield is easing
- weaker equities support safe-haven demand
- Fed and inflation headlines pressure gold
Macro Inputs
| Factor | Latest | Five-day change |
|---|---|---|
| US Dollar Index | 101.884 | -0.68% |
| US 10Y Yield | 5.136 | -1.98% |
| VIX | 18.44 | 21.24% |
| S&P 500 | 7690.73 | -1.49% |
| USD/INR | 94.915 | -0.9% |
| Crude | 98.45 | 5.02% |
Signal Factors
- price below 20-day average
- 20-day average below 50-day average
- RSI below 45
- news includes gold-bearish macro themes
Relevant News Themes
- Gold Edges Lower as Higher Yields Weigh - WSJ
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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