Gold Price Forecast for the Week of October 26 – 30, 2026
Week 44, 2026 · Published October 24, 2026
Bias for the week
Bearish
- Last close vs 20-day average ($4,138)Bearish
- 20-day vs 50-day average ($4,305)Bearish
- Change over 4 weeks (−6.83%)Bearish
Most signals point down: sellers start the week in control. A weekly close above $4,080 would weaken this view.
Expected range for the week
$3,895 – $4,095
From last Friday's close of $3,994, gold moves about ±2.5% in a typical week (based on the last 20 trading days). That gives an expected range of $3,895 to $4,095: about two weeks in three close inside it.
Result: how did this forecast do?
Gold closed the week at $3,876 (−2.94%). That is outside the expected range of $3,895 – $4,095. The Bearish bias was confirmed.
Read the full report of this weekKey levels for the week (pivot points)
Resistance 2
$4,166
Resistance 1
$4,080
Pivot
$4,037
Support 1
$3,951
Support 2
$3,908
Scenarios
- Bullish scenario: a move above $4,080 would open the way to $4,166.
- Bearish scenario: a drop below $3,951 would expose $3,908.
- The pivot at $4,037 separates the two: trading above it favours buyers, below it favours sellers.
Expected gold price per gram by country (October 26 – 30, 2026)
The expected range converted at last Friday's exchange rates (pure gold value, without making charges).
| Country | 21K per gram | 24K per gram |
|---|---|---|
| USA | 110 – 115 USD | 125 – 132 USD |
| UK | 81.90 – 86.10 GBP | 93.60 – 98.40 GBP |
| United Arab Emirates | 402 – 423 AED | 460 – 483 AED |
| India | 10,403 – 10,937 INR | 11,889 – 12,500 INR |
| Saudi Arabia | 411 – 432 SAR | 470 – 494 SAR |
| Egypt | 6,035 – 6,345 EGP | 6,897 – 7,251 EGP |
| Morocco | 1,076 – 1,131 MAD | 1,230 – 1,293 MAD |
| Kuwait | 34.01 – 35.76 KWD | 38.87 – 40.87 KWD |
| Qatar | 399 – 419 QAR | 456 – 479 QAR |
| Jordan | 77.69 – 81.67 JOD | 88.78 – 93.34 JOD |
| Pakistan | 30,313 – 31,869 PKR | 34,643 – 36,422 PKR |
| Turkey | 5,447 – 5,727 TRY | 6,225 – 6,545 TRY |
| France | 97.79 – 102.82 EUR | 112 – 118 EUR |
| Canada | 153 – 161 CAD | 175 – 184 CAD |
| Mexico | 2,045 – 2,150 MXN | 2,337 – 2,457 MXN |
| Spain | 97.79 – 102.82 EUR | 112 – 118 EUR |
| Argentina | 166,926 – 175,497 ARS | 190,773 – 200,569 ARS |
| Colombia | 344,662 – 362,360 COP | 393,900 – 414,126 COP |
Questions about next week's gold price
Will gold go up or down in the week of October 26 – 30, 2026?
The technical bias is bearish: gold closed at $3,994, below its 20-day average ($4,138), and most signals point down. A move above $4,080 would favour a rise toward $4,166; a drop below $3,951 would favour a fall toward $3,908. Nobody can know the direction for sure.
What is the expected gold price range for October 26 – 30, 2026?
Based on the typical weekly move of ±2.5%, gold is expected to trade between $3,895 and $4,095 per ounce. About two weeks in three close inside such a range.
What is the expected price of 21K gold in the USA for October 26 – 30, 2026?
If gold stays in its expected range, 21K gold in the USA would be between 109.57 USD and 115.20 USD per gram, and 24K between 125.22 USD and 131.65 USD per gram (pure gold value, at last Friday's exchange rate).
How accurate are GoldZag's weekly gold forecasts?
Over the last 2 weeks, gold closed inside our expected range 0 times, and the bias was right 1 times. Each forecast page shows its result once the week is over.
Track record of our weekly forecasts
Over the last 2 weeks, gold closed inside our expected range 0 times and the bias was right 1 times.
How this forecast is calculated
The forecast uses only prices known at the Friday close before the week: the expected range is the typical weekly move (standard deviation of the last 20 daily moves, scaled to 5 days), the levels are classic weekly pivot points from last week's highest close, lowest close and Friday close, and the bias combines three signals (last close vs 20-day average, 20-day vs 50-day average, 4-week change). It is published every Saturday and never edited afterwards.
This forecast is a statistical estimate from past prices, not financial advice. Gold can move outside the expected range, especially after unexpected news.