CAMEO+ eventECONOMIC2026-05-11馃嚠馃嚦

India urges citizens to stop buying gold as energy scramble grows amid Iran war

source: Government of India -> target: Indian citizens

On 2026-05-11, Indian Prime Minister Narendra Modi urged citizens to cut non-essential travel, use public transport and carpool, work from home, and stop buying gold amid surging energy costs tied to the Iran war. The appeal was framed as a measure to help protect India's economy and foreign exchange reserves.

0.23Significance2.0Magnitude0.6Systemic0.4Market1Articles