Nilesh Shah believes that when regulators speak, investors should pay attention. (Image: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Nilesh Shah believes that when regulators speak, investors should pay attention. His own experience, he says, has consistently validated that approach.

On gold, the Managing Director of Kotak AMC points out that the current rally is not a result of retail enthusiasm but is being powered by central banks. Countries in the East like Russia, China, and India have been steadily increasing their gold reserves, while central banks in the West have been net sellers.

This buying trend, he says, is likely to continue as the US dollar weakens, uncertainty around US policy grows, and after recent geopolitical shocks taught governments

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