India’s gold demand has picked up in the festive season after a price pullback, following a subdued year hit by a May increase in import duty to 15% and earlier

India’s gold demand has picked up in the festive season after a price pullback, following a subdued year hit by a May increase in import duty to 15% and earlier high prices. UBS still sees gold at $5,000/oz by 2027; Reuters survey median: $4,650.