Why Modi Asked You Not to Buy Gold: The Real Story Behind the Headlines
Prime Minister Modi asked Indians to stop buying gold for a year. Government raised gold import duty from 6% to 15%. Gold prices in India tanked. Most people are wondering what just happened. Here is the full story:
Imagine your family budget. Every month money comes in through salary, goes out through groceries, fuel etc. If money going out is more than money coming in, your family is running a deficit. You either dip into savings or take a loan to cover the gap.
A country works exactly the same way. Money comes in through exports, IT services etc. Money goes out through imports of oil, gold, foreign education, and tourism abroad. When money going out is more than money coming in, the country runs a current account deficit, or CAD.
India's CAD widened to $13.2 billion. Why the sudden deterioration?
Ongoin Iran war pushed crude oil from around $70 to above $107 per barrel. India imports 85% of its oil. India's oil import bill jumped to $173 billion in FY26, a 111% increase. Every $10 rise in oil prices adds roughly $13 to $15 billion to India's import bill annually. Indian households started buying gold like crazy. Gold demand hit a record $25 billion, nearly double the previous year.
When India imports oil or gold, Indian buyers need to pay sellers in dollars. To get dollars, they sell rupees. The more rupees being sold for dollars, the weaker the rupee becomes. A weaker rupee makes imports more expensive. More expensive imports widen the CAD further. A wider CAD pressures the rupee more. This is a self reinforcing loop, and once it starts running, it is hard to stop.
The government cannot reduce oil imports. We need oil to run day today life of millions. But gold? We can technically live without Gold, at least for a year. India already has 34,600 tonnes of household gold worth $3.8 trillion. The RBI has 880 tonnes. Adding more gold to that pile does nothing productive for the economy. It just sits in lockers.
This is not anti gold policy. It is pro rupee policy, which is in your interest too. Because if the rupee crashes from 95 to 110, everything you need to live, fuel, food, medicines, school fees, foreign trips, all become 15% more expensive at one go.
This little Hindu Chad kid Demolished German Shepherd’s Anti-Hindu Propaganda🔥👏
Leftist Islamist Dhruv Rathee needs to BOOKED for Hurting Hindu sentiments.
No Indian media will cover this ..
And
Tragedy is that BJP own communication is so weak that they always fail in showing their own great achievements even.
Must watch ..
Such a Rear Doctor 😢
Cries For Our Health.
Cares for our health,not just treatment.
Urges Not to Use Refined Oils,excess sugar
Recommends to Use Ghee/cold pressed ground nut,sesame & coconut oils in moderation.
As My Part I Uploaded Video.
It's Your Turn To Retweet & Share
Fake currency detected (as a measure of fake currency in circulation) has fallen drastically after demonetisation. The fall is so drastic that influencers have to make extra efforts to hide it from the people. Even Khanani would be proud of their guile.
Christmas is Jesus Christ’s birthday
So it’s public holiday
Milad un Nabi is Prophet’s birthday so its public holiday
But no holiday on Krishna Janmashtami & RamNavmi or Hanuman Janmotsav
Dear @HMOIndia We need holiday on these important days so that we can visit our mandir and can participate in Pooja at home 🙏🏼
Do u agree ?
Let me clarify before people panic.
India’s strategic reserve is emergency crude oil stored by Indian Strategic Petroleum Reserves Limited
It holds about 9–10 days of India’s total oil demand
Is that all India has? No. Not even close. This is just a BACKUP for crisis.
Most of India’s fuel sits with companies like @IndianOilcl@BPCLimited@HPCL
These commercial stocks cover roughly 60–70 days of demand
They include both crude oil and refined fuels like petrol and diesel
India also has oil on ships coming in, adding another 10–20 days of supply
Depot oil simply means refined fuel stored at terminals and depots across the country
It is part of commercial stocks, not a separate category
Simple way to see it: SPR is emergency stock, commercial stocks run the country daily, and ships keep the supply coming
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As Israel, UAE, Kuwait, and Bahrain count the losses caused by Iranian missiles and drones, India thanks Dr Ramarao for building the indigenous Akash that tracked 616 Pak missiles and drones (64 simultaneously) before launching interceptors, logging a neutralisation rate of 99.4%
When Palestinians hijacked Pam Am flight 73 (Neerja Bhanot fame), there were 379 passengers on board.
Palestinians hijacked the American plane to teach Christian Americans & Jewish Israelis a lesson. India was fully on Palestine side, didn't even have relations with Israel, so they had no issues with Hindus. Right?
115 were Christian
7 were Jewish
30 were Sikh & Parsee
180 were Hindu
They wanted to prove they were serious, so they decided to kill one passenger. Who did they choose? Jewish? Christian? No they chose Hindu Rajesh Kumar and shot him in the head.
Hindus are supposed to support this terrorist Qaum 🤮
In the last two days, not only opposition trolls but also senior Congress leaders and some journalists have posted many fake news 👇
-Opposition walked out during PM Modi’s speech in the Israeli Parliament.
👉🏻Fact: They walked out only during the Israeli PM’s speech and later apologised before PM Modi began speaking.
-A fake clipped video claimed that PM Modi said India is the motherland and Israel is the fatherland.
👉🏻Fact: PM was referring to the Indian-origin Jewish community living in Israel. And they have made such statements in past
-A fake video claimed that PM said he made a robot in his childhood.
👉🏻Fact: It was a clipped video. PM was talking about his interaction with a robot at ISRO.
Not a single fake news by RW ecosystem, Now you decide who is real fake news factory?
BJP should take action, enough is enough.
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How to protect your money in your bank A/c.
Please see the entire video to know how.
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