India Gold MCX October futures trade flat on Tuesday following muted trend seen in international spot prices amid a strong dollar. But a rise in Delta variant cases will offer support.
Spot gold was little changed at $1,787.90 per ounce, after hitting its highest since Aug. 6 at $1,788.97 on Monday. U.S. gold futures eased 0.1% to $1,788.40, said a Reuters report.
On the Multi-Commodity Exchange (MCX), October gold contracts were trading 0.02 percent higher at Rs 47,234 for 10 grams at 0930 hours. September silver futures were trading 0.23 percent higher at Rs 63,603 a kilogram.