Markets•5 reports
30DOOM SCORE
India urges consumers to avoid gold purchases and foreign travel
India
First seen: Sep 2, 2026, 5:01 AM UTCUpdated: Sep 2, 2026, 9:17 AM UTC
WHAT HAPPENED
Prime Minister Narendra Modi renewed an appeal for people to avoid buying gold and traveling abroad.
SO WHAT?
The appeal signals concern about pressure on India’s foreign-exchange position and external spending.
FOR ME
Impact on Switzerland
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MARKETS
Market impact
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COVERAGE
Reports behind this event
prokerala.comen
Sridhar Vembu explains why PM Modi asks citizens not to buy gold, travel abroad
Sep 2, 2026, 9:17 AM UTC
livemint.comen
Gold stock: Why Augmont Enterprises is shining despite PM Modi 'avoid gold' appeal, and US-Iran tension?
Sep 2, 2026, 9:02 AM UTC
moneycontrol.comen
Why PM Modi wants Indians to keep their gold, holidays and weddings in India
Sep 2, 2026, 8:34 AM UTC
businesstoday.inen
Gold demand could plunge from 800 tonnes to 500 tonnes: Why jewellers are worried after PM Modi's appeal
Sep 2, 2026, 5:32 AM UTC
hindustantimes.comen
PM Modi renews appeal to avoid gold buying, foreign travel
Sep 2, 2026, 5:01 AM UTC