The Niti Aayog vice chairman also assured that the government will do whatever is required to continue its business as usual.
Spot gold was up 0.2 per cent at $1,246.62 per ounce, as of 0430 GMT.
On Monday, the Indian rupee tumbled 50 paise to close at 71.32 against the US dollar.
The markets dived further as state polls leads began pouring in which showed the BJP trailing in big states
US West Texas Intermediate (WTI) crude futures were at $51 per barrel at 0028 GMT, unchanged from their last close.
RBI Governor Urjit Patel on Monday said in a brief statement he had resigned for 'personal reasons'.
The rupee opened lower at 71.28 against the US dollar and dropped further to 71.44. The Indian unit hit a high of 71.23 during the day.
Refunds worth Rs 1.23 lakh crore have been issued in the eight months of the current fiscal, which is 20.8 per cent higher than refunds issued in the same period last year.
The rupee opened lower at 71.28 against the dollar and dropped further to 71.41, 59 paise down over its previous close.
Gold tends to gain when rate hike expectations recede because lower rates reduce the opportunity cost of holding non-yielding bullion.
The China-US trade row, the Huawei crisis, signs of weakness in the Chinese and US economies, and Brexit are among the key matters depressing equities, though there was some upbeat news in OPEC's…
At 9:30 am Sensex was at 35,112, down by 561.07 points. Nifty at 10,520, down by 185 points.
International Brent crude oil futures were at $62.21 per barrel at 0218 GMT, up 54 cents, or 0.9 per cent, from their last close.
India's growth has been "very solid" over the past four years, IMF's chief economist Maurice Obstfeld added
5G services which is expected to provide download speed over 1,000 megabits per second on mobile devices is expected to be deployed across countries like the US, Korea and China in 2019.