Foreign institutional investors increased their offers for the auction in the final hours before the subscription deadline this week, avoiding currency concerns and global market volatility.
According to the Good Returns website, 10 grammes of 22-carat gold is currently being traded at Rs 47,200 in Mumbai, Kolkata, and New Delhi.
Due to mixed global cues, Indian equity markets are expected to open on a high note on Friday. The SGX Nifty was up more than 100 points ahead of the week's last trading session, indicating a gap-up start for the main indices BSE Sensex and NSE Nifty 50.