Modi's Gold Restraint Call Threatens Jewellery Retail Demand Amid West Asia Crisis
PM Modi's appeal to curb gold purchases, citing economic strain from the West Asia conflict, lands ahead of a peak consumption window. Tanishq, Kalyan, and Malabar face potential headwinds as policy signalling collides with festive and wedding-season buying.
PM Modi urges Indians to curb gold purchases amid economic strain from West Asia crisis, a signal that could pressure jewellery retailers like Tanishq, Kalyan, and Malabar during a key consumption period.