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The Economic Times

Business

Unless necessary, do not buy gold, reiterates PM Modi on Instagram; jewellery stocks slide

Gold Instagram Narendra Modi India United States

Prime Minister Narendra Modi on Tuesday reiterated his appeal to Indians to refrain from buying gold, sharing the message in an Instagram post.

“If there is no need, then one should not even buy gold. The more we emphasise swadeshi, the more we emphasise self-reliance, I have firm faith that when India completes 100 years of independence, we will present a developed India to our young generation,” Modi said in the reel he posted on Instagram.

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