Silver also gained for the third straight session by surging Rs 750 to Rs 44,750 per kg on increased offtake by industrial units and coin makers.
In Mumbai, gold of 99.9 and 99.5 per cent purity fell by Rs 160 and Rs 170 to Rs 29,780 and Rs 29,630 per ten grams, respectively; while silver gained Rs 60 to Rs 44,500 per kg.
Traders said stockists buying influenced by a firm global trend, where gold traded near a one-week high, mainly boosted the sentiment.
Gold in Singapore, which normally sets price trend on the domestic front, was trading at $1,213.39 an ounce, while silver rose by one per cent to $19.97
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