Modi’s Gold Appeal Echoes Indira Gandhi’s 1967 Call: Saving Forex Amid West Asia Crisis

Modi’s Gold Appeal Echoes Indira Gandhi’s 1967 Call: Saving Forex Amid West Asia Crisis

Published : May 12, 2026, 07:30 PM IST

Prime Minister Narendra Modi has urged Indians to avoid buying gold for at least one year amid the West Asia crisis and pressure on foreign exchange reserves. This mirrors Indira Gandhi’s similar appeal in 1967 during a severe forex crisis. In this video: 0:00 - PM Modi's Urgent Appeal 0:45 - PM Modi at Hyderabad Rally 1:25 - June 6, 1967: Indira Gandhi’s Historic Appeal