Prime Minister Narendra Modi has urged citizens to delay buying gold to help lower India’s import bill amid the West Asia crisis. While major leading jeweller bodies and jewellery brands have welcomed the intention behind the statement, they are worried about its impact on their businesses as well as jobs of people working in the industry. So, as a retail investor, how might the PM’s statement impact your gold investments and what action should you take regarding them? Should you buy, sell or hold?
What did PM Modi say about gold purchases?
