Gold, considered a safe haven for investors, may see a slight correction during the week in the futures market to hover around Rs 15,400 per 10 gram level on the back of profit booking, according to analysts.

"The precious metal may take a correction as the precious metal is overbought at the moment and the prices trade in the range of Rs 15,400 per 10 gram level as people are booking profit taking advantage of the high price," said brokerage firm SMC Global Vice President Rajesh Jain.