The precious metal had gained Rs 290 in the previous three sessions
The dollar index, which tracks the greenback against a basket of six major rivals, edged down 0.1 per cent
In Tokyo, gold was sold at par to a 25-cent premium to spot this week, largely unchanged due to a quiet market ahead of the year-end holidays
In the national capital, gold of 99.9 and 99.5 per cent purity shed Rs 25 each to Rs 29,525 and Rs 29,375 per ten gram respectively
In India, a fall in gold prices to the lowest level in five months failed to lift physical demand
Globally, gold rose 0.17% to $1,257.50 an ounce in Singapore
Globally, gold edged up 0.09 percent to $1,249.30 an ounce and silver by 0.03 per cent to $15.82 an ounce in Singapore
The dollar rebounded to a two-week high after taking a brief hit on on news that Michael Flynn pleaded guilty to lying to the FBI about his contacts with Russia.
Silver also rebounded by Rs 150 to Rs 40,500 per kg
Diversion of funds towards the soaring equity markets also weighed on the prices
Moreover, a firm trend in global markets amid a weak dollar boosted the sentiment
In October, gold import fell 16% to $2.94 bn, which works out of to around 75 tonnes
Gold prices in India slipped to 29,209 rupees per 10 grams on Friday, the lowest level in about two months.
Silver also fell Rs 475 per kg due to reduced offtake by industrial units
Globally, gold rose 0.16 per cent to $1,282 an ounce and silver went up 0.32 per cent to $17.05 an ounce in New York in yesterday's trade
Globally, gold rose by 0.03% to $1,268.20 an ounce
Gold traded 0.30 per cent lower at USD 1,278.80 an ounce
US gold futures for December delivery fell 1.1% to $1,287.50
In Delhi, gold of 99.9% and 99.5% purity rebounded by Rs 350 each to Rs 30,850 and Rs 30,700 per 10 grams, respectively
Globally, gold fell 0.20% to $1,326.30 an ounce in Singapore