Silver also rallied to reclaim the Rs 59,000 per kg mark on increased speculative demand as well as higher industrial offtake.
Standard gold of 99.5 per cent purity went up by Rs 65 to finish at Rs 30,795 per 10 grams from Wednesday's closing level Rs 30,730.
Pure gold of 99.9 per cent purity also gained by Rs 60 to close at Rs 30,930 per 10 grams from Rs 30,870.
Silver ready (.999 fineness) rose by Rs 200 per kg to end at Rs 59,050 as compared to Rs 58,850 yesterday.
On the global front, gold rallied for the second-day on weak dollar valuation amid easing concerns over the US budget woes.
Gold for February delivery settled up by USD 13 at USD 1,688.80 an ounce on the Comex division of the NYMEX late yesterday.
March silver also up by 78 cents to conclude at USD 31.01 an ounce.