Silver also fell by Rs 150 to Rs 39,000 per kg on reduced offtake by industrial units and coin makers.
Silver however remained steady at Rs 40,500 per kg in scattered deals from industrial units and coin makers.
Standard gold (99.5 purity) eased by Rs 5 to close at Rs 29,695 per 10 grams from Thursday's level of Rs 29,700.
A strong global trend and intensifying local demand turned out to be a potent mix for gold prices.
Gold prices Monday dipped below the Rs 30,000 mark, tumbling by Rs 350 to Rs 29,650 per 10 grams at the bullion market, tracking a weak trend
Gold prices reclaimed the Rs 30,000-mark for the first time in over six weeks by climbing Rs 200 per 10 grams today, tracking a firm trend
In a startling catch, the Income Tax department today seized Rs 5.7 crore cash in new notes, 32 kgs of gold biscuits and jewellery and Rs 90 lakh
Gold prices on Tuesday surged ahead to revisit its highest level in 22 months in bullion market. The rally in the precious metal was fuelled by a
Gold prices surged for the fifth straight day on Thursday. In national capital Delhi, the price of the shiny metal was up by over half a per cent