India gold futures were almost steady on Tuesday as the dollar paused after gaining in the previous session, analysts said.
The most-traded December contract MAUZ9 was 0.24 percent lower at 15,853 rupees per 10 grams at 10:37 a.m.
The dollar kept its footing after sharp gains the previous day, but made little progress higher as investor selling of stretched higher-yielding currencies and the euro paused. [USD/]
Gold is considered as an alternative investment to the greenback.
"The bias is on the downside on profit-taking. Selling is recommended at 15,850 rupees, with a stop loss of 15,880 rupees and with a target of 15,800 rupees," said Pranav Mer, an analyst with India Infoline.
Gold's range would be 15,830-16,000 rupees, said Tejas Seth, senior analyst with SMC Global.
Open interest for December gold on MCX was at 13,455 lots, down from 13,531 a day earlier. Volume on Monday was 37.07 kg.
