India gold futures steadied near record highs on Friday as pressure from profit-taking was offset by the yellow metal's safe-haven appeal on cautious global economic outlook, analysts said.
The most-traded December contract was Rs 17,212 per 10 grams, down 0.11 per cent at 10:46 a.m., after hitting a low of Rs 17,204 in early deals.
The contract had struck an all-time high of Rs 17,243 in the previous session.
"The pressure of profit-taking remains after the recent rise," said Harish Galipelli, head of research with JRG Wealth Management.
The contract has gained about 7 per cent since the start of the month.
Falling US equities on growing caution about the US economic outlook helped highlight gold's safe-haven appeal.
"In all, gold may consolidate between Rs 17,100-17,280, but the sentiment still remains positive," added Galipelli.
Gold may trade in the range of Rs 17,192-17,300, said Aurobinda Prasad, deputy manager-research, Karvy Comtrade.
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Open interest for December gold on MCX was at 16,633 lots, down from 16,731 a day earlier.
