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India Asks Locals to Pause Gold Buying in Bid to Shore Up FX Defenses

TWSJ·1h ago·3 min read
Photograph via The Wall Street Journal
RSS SUMMARY · AGGREGATED FROM TWSJ

Prime Minister Modi asked citizens to avoid buying gold jewelry for functions, coming as the country’s appetite for the precious metal continues to drive foreign-currency spending.

Prime Minister Modi asked citizens to avoid buying gold jewelry for functions, coming as the country’s appetite for the precious metal continues to drive foreign-currency spending.

Prime Minister Modi asked citizens to avoid buying gold jewelry for functions, coming as the country’s appetite for the precious metal continues to drive foreign-currency spending.

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