Gold futures continue to trade marginally lower in noon trade on Tuesday on the back of higher rupee.
February 2013 gold futures at the MCX were trading down 0.08% at Rs 30,757 per 10 grams at 12.11 p.m. after hitting high of Rs 30,766. It opened at Rs 30,720.
February futures gold at COMEX were up USD 6 or 0.36% to USD 1692.9/t oz. Meanwhile, in the spot markets, gold up USD 4.03 or 0.24% to USD 1694.08/ t oz. at 12.22 pm.
Rupee was higher by 27 paise or 0.50% against US dollar to Rs 53.48 compared to previous close of 53.75 (12.32 p.m.). It opened at Rs 53.58 against US dollar.