Daily Gold Market Update - 22 October 2026

Daily Gold Market Update - 22 October 2026

Status: No confirmed pullback
Instrument: COMEX gold futures (XAU/USD proxy) (GC=F)
Price: 4136.3
Downside score: 30/100

Technical Read

MetricValue
20-day average4182.12
50-day average4357.98
RSI (14)39.7
MACD / signal-52.048 / -55.857
Five-day change0.69%

Estimated Indian Gold Rates

24K: ₹146,070 per 10g
22K: ₹133,890 per 10g

Session24K ₹/10g22K ₹/10g
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₹146,080₹133,900
22 Oct₹146,070₹133,890

Seven-Session 24K Trend

16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct₹148,040/10g₹146,070/10g

Next-Session Scenario Forecast

Bias: Mild bullish bias
24K range: ₹144,048 - ₹148,092 per 10g; central scenario ₹147,014
22K range: ₹132,036 - ₹135,744 per 10g; central scenario ₹134,755

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

Macro Inputs

FactorLatestFive-day change
US Dollar Index101.648-0.88%
US 10Y Yield5.146-0.85%
VIX16.68-1.13%
S&P 5007757.170.5%
USD/INR94.45-0.74%
Crude98.363.44%

Signal Factors

  • price below 20-day average
  • 20-day average below 50-day average
  • RSI below 45
  • news includes gold-bearish macro themes
  • news includes safe-haven support themes

Relevant News Themes

  • Gold Drops on Inflation Concerns - TradingView
  • Gold falls near $4,115 as Saudi attacks fuel inflation, Fed outlook in focus - Investing.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.

Comments

Popular posts from this blog

Daily Gold Market Update - 17 September 2026

Daily Gold Market Update - 20 September 2026

Daily Gold Market Update - 09 September 2026