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A Government Just Ordered Its Citizens To Stop Buying Gold Right Now
2026-05-12
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.
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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
What if the biggest market move isn’t the crash everyone is waiting for… but the rally before it?
2026-03-22
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