'Gold could see a correction of 8- 10%, a good point for investors to buy' A correction of 8- 10% cannot be ruled out from these levels which will be a good point for investors to enter the yellow metal. Investors should follow the strategy of buy on dips. Source: Reuters Nitin Shahi Gold had made a meaningful top near 55,900-56,000 levels. It has rallied more than 100% in the last 4 years i.e from 25,000-odd levels to 56,000. Even with all the headwinds the world witnessed in 2020 due to the pandemic, gold hasn't managed to rally further. Gold has delivered handsome returns in the current year. It has rallied more than 37-38% in the current year from Rs 40,000-40,500 levels to make highs of 56,000, and currently trading around levels of 49,200.