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India: Modi wants Indians to stop buying gold

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Score: 0.00Center / Neutral

Narendra #Modi's message to Indians is clear: stop buying gold jewellery for a year. With #India having to pay more to import #oil due to the #Iranwar, its prime minister hopes that holding off on buying the precious metal will protect the country's trade balance - a decision that could badly hit a nearly $100 billion industry.



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Al Jazeera English
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Al-Monitor
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