Elsewhere, silver maintained its strong rising trend and reclaimed the key Rs 47,000 mark - on heavy industrial demand.
Standard gold (99.5 purity) rose by Rs 110 to conclude at Rs 31,370 per 10 grams from Wednesday's close of Rs 31,260.
Pure gold (99.9 purity) also climbed by a similar margin to settle at Rs 31,520 per 10 grams against Rs 31,410.
Silver (.999 fineness) shot up by Rs 700 to finish at Rs 47,345 per kg from Rs 46,645 earlier.
Spot gold was down 0.3 per cent at USD 1,332.05 an ounce in early trade.
Among other precious metals, silver was down 0.5 per cent at USD 19.71 an ounce after touching a two-week high early in the session.