Daily Gold Market Update - 21 October 2026
Daily Gold Market Update - 21 October 2026
Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4133.1
Downside score: 34/100
Technical Read
| Metric | Value |
|---|---|
| 20-day average | 4190.76 |
| 50-day average | 4363.89 |
| RSI (14) | 39.4 |
| MACD / signal | -53.561 / -56.961 |
| Five-day change | -1.06% |
Estimated Indian Gold Rates
24K: ₹146,070 per 10g
22K: ₹133,890 per 10g
| Session | 24K ₹/10g | 22K ₹/10g |
|---|---|---|
| 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 | ₹146,080 | ₹133,900 |
| 21 Oct | ₹146,070 | ₹133,890 |
Seven-Session 24K Trend
Next-Session Scenario Forecast
Bias: Mild bullish bias
24K range: ₹143,990 - ₹148,150 per 10g; central scenario ₹147,041
22K range: ₹131,983 - ₹135,797 per 10g; central scenario ₹134,780
- 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
- recent five-day price momentum is negative
Macro Inputs
| Factor | Latest | Five-day change |
|---|---|---|
| US Dollar Index | 101.79 | -0.38% |
| US 10Y Yield | 5.117 | -1.92% |
| VIX | 17.31 | 13.36% |
| S&P 500 | 7712.57 | -1.19% |
| USD/INR | 94.77 | -0.54% |
| Crude | 99.16 | 5.33% |
Signal Factors
- price below 20-day average
- 20-day average below 50-day average
- RSI below 45
- negative five-day return
- news includes safe-haven support themes
Relevant News Themes
- Gold Steadies as Conflicting Iran Signals Cloud Path for Rates - Bloomberg.com
- Why gold and silver remain under pressure despite geopolitical risks and festive buying - CNBC TV18
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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