India gold futures traded flat on Wednesday as investors watched equity markets to gauge risk apetite and awaited U.S. earnings and manufacturing data, analysts said. The benchmark June contract was 0.10 percent higher at 14,343 rupees per 10 grams at 11:29 a.m., after hitting a high of 14,400 rupees in early deals. "There is no direction as of now," said Debjyoti Chatterjee, associate vice-president with ADMISI Commodity Services. "Current prices are unlikely to draw buying or selling interest," added Chatterjee. "It is not giving any indication of how it is going to behave and would look at stock markets for direction," said Gnanasekar Thiagarajan, director with Commtrendz Research. U.S. March data for consumer prices, real earnings and industrial production will be released later in the day. Gold may trade in the range of 14,150-14,460 rupees, added Chatterjee. Open interest for June gold on MCX was at 13,774 lots, down from 14,004 a day earlier. Volume on Tuesday was 28.41 kg.

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