PM Modi Urges Indians to Reduce Gold Purchases Amid Record Imports

India's Prime Minister Modi is encouraging citizens to pause gold buying as the country's gold imports reached a record $71.98 billion in 2025-26, driven by skyrocketing global prices.

12 May, 15:18 — 12 May, 15:18

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Times of IndiaMostly Factual2d ago

PM Modi wants Indians to pause gold buying: How much forex can be saved?

India’s gold imports hit a record $71.98 billion in 2025-26, rising over 24% from $58 billion a year earlier. This was largely due to skyrocketing global gold prices, which have bumped up the value of imported gold.

By SMRITI JAIN

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PM Modi Urges Indians to Reduce Gold Purchases Amid Record Imports

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PM Modi wants Indians to pause gold buying: How much forex can be saved?

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