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The Economic Times

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Indias booming Dubai gold trade may be built on someone elses mines

Policymakers in India are increasingly worried about the surge in gold imports, especially following the beneficial India-UAE trade deal that has intensified gold inflows. In light of this, Prime Minister Modi is calling on citizens to limit their non-essential gold buying habits. This strategic push aims to shield the country from potential economic vulnerabilities during challenging global conditions.

11 May 2026 7:51 pm