India gold futures are likely to extend gains on Thursday morning to trade near its record high prices, following firm global markets and a tad weaker rupee back home, analysts said.
* The most-traded gold for October delivery on the Multi Commodity Exchange (MCX) last closed 1.04 percent higher at 24,055 rupees per 10 grams, after hitting a record of 24,245 rupees.
* Overseas gold held below its record high, supported by worries about the spreading euro zone debt crisis and slowing global growth, while holdings in the SPDR Gold Trust rose for a second consecutive session.
* The Indian rupee was a tad weaker in early trades weighed by persistent dollar demand by oil importers and overseas gains in the greenback.
* The rupee plays an important role in determining the landed cost of the yellow metal, which is quoted in dollars.
