Gold prices may be nearing a bottom after 25% fall, but one key signal is missing - Moneycontrol.com

AI desk brief

Gold has fallen 25% from January’s peak, and the World Gold Council sees two of three historical recovery signals in place, according to Moneycontrol’s November 6, 2026 report. Speculative positions remain elevated, leaving the prospective bottom unconfirmed rather than establishing a recovery. Central banks purchased 321 tonnes in the September quarter; such demand could support bullion, but the extract does not establish whether purchases are accelerating. The supplied text does not identify the two signals already met or specify the positioning threshold needed for confirmation.