Gold prices rose slightly on Tuesday but trading was thin as investors looked for directions after the long Christmas weekend, even as a firm dollar capped gains. 

The dollar rose against the yen and euro as some investors emerged out of the holiday lull to hunt for bargains as the market entered the last trading stretch of the year. 

Spot gold was up 0.3 % at $1,136.80 an ounce by 0310 GMT, after earlier edging down to $1,131.35. U.S. gold futures rose 0.4% to $1,138.20 per ounce. 

The U.S. currency had climbed to a 10-month high of 118.660 yen mid-month on expectations of stronger growth after U.S President-elect Donald Trump takes office in January. A firm dollar curbs demand for commodities priced in the greenback by making them more expensive for holders of other currencies. 

Gold demand in India remained subdued last week despite a sharp fall in prices to over 10-1/2 month lows as a severe cash crunch and holidays kept buyers away from the market, while premiums in China fell from near 3-year highs touched in the prior week.

For news on Indian Stock Market Tips, Mcx Commodity Market Tips please visit us at www.ripplesadvisory.com or call at: 9303093093.