Silver also jumped by Rs 496 to Rs 53,429 per kg from Rs 52,933 per kg in the previous trade.
The rupee depreciated by 14 paise to 79.70 against the US dollar in opening trade on Friday, weighed down by the strength of the American currency overseas.
In the international market, gold was trading higher at USD 1,702 per ounce while silver was flat at USD 17.96 per ounce.
“Gold prices traded firm with spot gold prices at COMEX trading 0.42 per cent up at USD 1,702 per ounce on Friday,” said Tapan Patel, Senior Analyst (Commodities) at Securities.