| India’s Prime Minister has urged citizens to stop buying gold for a year. Why? Because India is facing a mounting foreign-exchange squeeze, rising oil import costs, pressure on the rupee, and a growing need to conserve dollars. At the same time, Indian banks have reportedly faced weeks of disruption importing gold and silver, with customs delays, tax uncertainty, and supply bottlenecks creating pressure in the world’s second-largest gold market. This is not just a story about jewellery demand. Download Your Exit Plan: https://info.goldcore.com/the-exit-plan It is a story about currency pressure, government control, physical supply, and why gold becomes politically inconvenient when citizens want to protect themselves outside the banking system. In this episode, we look at: Why India’s official gold imports collapsed in April 2026 Why Modi asked citizens to avoid gold, fuel use, foreign travel, and imported consumption How the oil crisis is putting pressure on India’s foreign-exchange reserves Why physical gold premiums reveal more than import figures What this tells us about government control during monetary stress Why gold is treated differently when central banks buy it versus when citizens do Gold is not being targeted because it is useless. It is being targeted because it is useful. If you want to understand how physical gold and silver can help protect your wealth outside the banking system, visit GoldCore today. Book A Free Strategy Call Here: https://hubs.la/Q03LSWHQ0 If you're looking to buy gold or silver coins or bars, GoldCore currently has good stocks available visit the following website to learn more: US & ROTW - https://www.GoldCore.com UK - https://www.GoldCore.co.uk Ireland - https://www.GoldCore.ie _________________________________________________________________ GoldCore TV is the only channel where you will find GoldCore produced video content. Subscribe to be alerted to our upcoming videos brought to you by real people, with real opinions based on real news. GoldCore TV is the home of precious metals market information. Our channel features news, interviews, and podcasts with prominent industry figures to help people make informed investment decisions. Subscribe to our channel to stay up to date on the latest precious metals news and views. Follow us on social media: Facebook - https://www.facebook.com/GoldCore Twitter - https://twitter.com/GoldCore Disclaimer: Videos published are not investment advice and the views expressed may not reflect those of GoldCore ltd. |
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