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Modi Targets Gold, Fuel in Austerity Push

By Bloomberg Markets May 18, 2026 Bullish
India is tightening its grip on foreign outflows as the Iran war fuels an energy shock. Fuel prices are up, gold and silver imports face tougher curbs, as the rupee has hit a record low against the dollar. (Source: Bloomberg)
Tickers: AGSILV
India is tightening its grip on foreign outflows as the Iran war fuels an energy shock. Fuel prices are up, gold and silver imports face tougher curbs, as the rupee has hit a record low against the dollar. (Source: Bloomberg)