NEW DELHI: Gold appeared lacklustre in futures trade on Tuesday on muted demand by local jewellers at the spot market.
Meanwhile, in the global markets, gold climbed to a more than one-week high, supported by weakness in the US dollar.
A weak dollar is favourable for gold as the commodity becomes cheaper in other currencies, giving rise to its demand.
However, the overall trend still shows a tough time for the safe-haven metal.
Holdings in the world's largest gold-backed
exchange-traded fund,
SPDR Gold Trust, fell for a sixth straight session to 760.49 tonnes on Monday,
Reuters reported.
Silver also looked dull on a fall in demand by industrial units and coin makers.
The MCX Gold was trading flat at Rs 32,186 per 10 grams while MCX Silver was trading Rs 7 higher at Rs 38,020 a kilo around 10:50 am.