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

MetricValue
20-day average4190.76
50-day average4363.89
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

Session24K ₹/10g22K ₹/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

15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct₹148,040/10g₹146,070/10g

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

FactorLatestFive-day change
US Dollar Index101.79-0.38%
US 10Y Yield5.117-1.92%
VIX17.3113.36%
S&P 5007712.57-1.19%
USD/INR94.77-0.54%
Crude99.165.33%

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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