Gold climbs but stays below $1,400; Fed, India in focus

Robust U.S. auto sales numbers reinforced expectations the U.S. Federal Reserve would start to cut back its stimulus later this month. The central bank's three quantitative easing schemes have buoyed prices of bullion and other commodities.Gold had risen $1.79 to $1,392.63 an ounce by 0336 GMT, after falling 1.5 percent on Wednesday. It rallied to its highest in more than three months around $1,433 in late August on safe-having buying as the United States and its allies looked set to launch military strikes on Syria.

Read More: www.cnbc.com/id/101009755