India gold futures steady tracking global cues

India's gold futures were little changed on Tuesday tracking international markets, analysts said.

The benchmark February gold on the MCX was at Rs16,788 per 10 gm, down 0.13% at 11.47am.

International gold was little changed on Tuesday in light trading as investors were slow to return from the holidays, with European and other major metals markets closed since late last week for Christmas.

"Prices are likely to remain in a narrow range in absence of active trading and clear international cues," said an analyst with Delhi-based Real Wealth Advisors.