India’s booming Dubai gold trade may be built on someone else’s mines
- Posted on May 11, 2026
- By Business News Today
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- 1 min read
India’s booming Dubai gold trade may be built on someone else’s 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.
