<b>Kishore Narne:</b> Use corrections to buy gold

A key upside catalyst for gold could also come from increased political risks in the US, Europe

Gold has seen a good start to 2017, with prices gaining for two consecutive months as political risks from the US and Europe kept the demand for safe havens strong. The “reflation” trade slowed last month, as investors awaited more details about Donald Trump’s policies and its subsequent impact on the US Fed policies. The dollar, however, is maintaining its strength as three rate hikes by the Fed this year is a real possibility.
 
On the demand side, official demand in India recovered in February after slumping amid the surprise demonetisation move by the Indian government. India’s gold imports