Saturday, June 13, 2026
Bloomberg

Modi Asks Indians to Stop Buying Gold, Hitting Jewelry Stocks

Prime Minister Narendra Modi has called on Indians to avoid buying gold for at least a year to preserve foreign-exchange reserves, a surprising appeal in a country where the metal plays a vital role in savings, weddings and religious festivals.

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Preeti Soni
Newsroom · hace 33 días
2 min read
Prime Minister Narendra Modi has called on Indians to avoid buying gold for at least a year to preserve foreign-exchange reserves, a surprising appeal in a country where the metal plays a vital role in savings, weddings and religious festivals.
Modi Asks Indians to Stop Buying Gold, Hitting Jewelry Stocks · DevFinanciero