Gold price prediction today: Will gold prices rise? Check October 13, 2026 outlook - The Times of India

AI desk brief

Spot gold fell 0.7% on Oct. 12 to $4,165/oz after giving back Asian-session gains as oil and the dollar strengthened; domestic Indian prices dropped 1.3% on RBI-led INR support. The piece says gold is likely to rise in the very short term, but upside should be capped unless a larger bullish catalyst emerges, with support at 4,150/4,100/4,000 and resistance at 4,225/4,255/4,280/4,337.

Flow and positioning were mixed: total known ETF holdings slipped 177,800 oz on Oct. 9 after five days of gains, though holdings remain up 2.17 Moz YTD and are still above the Feb. 28 conflict-driven level. CFTC data showed hedge funds cut net longs by 9,598 lots to 114,820, while registered COMEX stocks were broadly steady at 15.07 Moz, down nearly 38% from the April 2025 peak.