MUMBAI: India's gold futures are expected to open firm on Tuesday on a weak dollar and signs of resumption of safe haven buying globally, A weak dollar helps prop up the yellow metal's appeal as an alternative investment. "Safe haven buying seems to be back on easing stock markets and also inflationary expectations on strong crude may uplift gold," said Gnanasekar Thiagarajan, director, Commtrendz Research in Mumbai.
The benchmark June gold is likely to open around 14,598-14,608 rupees per 10 grams, one analyst said. June gold ended on Monday at 14,588 rupees, up 0.51 percent from the previous session.