Economic activity in India remains strong, with the agriculture and services sectors doing well, India's central bank governor said on Wednesday, commenting on fears of slowing growth.
Inflation, however, remains a challenge and the next move on interest rates must be weighed carefully, Shaktikanta Das, governor of the Reserve Bank of India, said at an event.
"(Economic) data which is coming in is mixed. But the positives outweigh the negatives and, by and large, underlying act...
India economic activity remains strong, cenbank governor says, amid growth concerns
Gold rose to a fresh high on Monday, extending its blazing rally amid uncertainties surrounding the U.S. election, simmering Middle East tensions and rate cuts by major central banks, while silver scaled a near 12-year peak.
Spot gold was up 0.4% at $2,731.79 per ounce, as of 0331 GMT, after hitting an all-time high of $2,732.73 earlier. U.S. gold futures were 0.6% higher at $2,746.80.
Helped by bullion's rally, spot silver rose 1.3% to $34.08 per ounce, its highest since late 2012....
Gold hits fresh high in record-setting rally amid global uncertainties
