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The Nexus
BUSINESSMay 11 · 11:06 UTCBLOOMBERG

Why Modi Wants Indians to Pause Gold Buying

Indian Prime Minister Narendra Modi is urging citizens to pause gold buying, a move likely aimed at reducing the country's trade deficit. India is one of the world's largest consumers of gold, and a decrease in demand could have significant economic implications. The decision may also impact the global gold market.

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