Spot gold price for 24 Karat in Delhi were trading up by Rs 15 and the upside was limited on rupee appreciation. The spot rupee was trading 16 paise stronger against the dollar during the Silver prices also gained Rs 50 to Rs 45,726 per kg from Rs 45,676 per kg.
In the international market, both gold and silver were trading higher at $1,466.50 per ounce and $16.97 per ounce, respectively.Bullion prices traded firm on Thursday, maintaining positive trading for the third consecutive day on the US-China trade deal worries
In the previous trade, the spot gold price had closed at Rs 38,980 per 10 gram.
The worsening protests in Hong Kong and weak industrial production data from China also supported gold prices.