Gold Prices Plummet Amid Early Festive Buying Trend
Gold prices have declined today, marking the beginning of what could be an early festive buying trend in 2026. According to Upstox Securities Pvt. Ltd., gold prices have fallen in response to various market and economic factors.
The World Gold Council (WGC) has expressed its expectations for the next phase of gold's performance, citing a likely surge in demand due to increased consumer spending during the festive season.
Risk disclosures from Upstox highlight that 9 out of 10 individual traders in equity futures and options segment incurred net losses, with loss makers expending an additional 28% of their net trading losses as transaction costs.