Gold prices steady, silver tops Rs 39,000

On the other hand, silver recaptured the Rs 39,000-mark by gaining Rs 215 per kg on uptick in demand from industrial units.

Standard gold (99.5 purity) closed at its overnight level of Rs 30,915 per 10 grams.

Pure gold (99.9 purity) also settled at its previous level of Rs 31,065 per 10 grams.

Silver (.999 fineness) climbed by Rs 215 to finish at Rs 39,175 per kg compared to Wednesday's close of Rs 38,960.

Globally, gold prices rose for a second session after the US Federal Reserve held interest rates steady as expected at the end of a two-day policy meeting, while investors awaited US-China trade talks.

Spot gold rose 0.2 per cent to USD 1,307.05 per ounce at early trade.

Among other precious metals, spot silver rose 0.2 per cent to USD 16.38 per ounce.