Silver also eased by Rs 100 to Rs 41,300 per kg due to reduced offtake by industrial units and coin makers
Sovereign also improved and gained Rs 100 to Rs 24,900 per piece of eight grams
Diversion of funds towards rising equity also weighed on the sentiment
Silver followed suit and lost Rs 600 at Rs 39,150 per kg
Trump fired Tillerson after a series of public rifts, replacing him with loyalist Central Intelligence Agency Director Mike Pompeo
Following gold, silver ready moved down by Rs 400 to Rs 39,500 per kg
Spot gold was 0.3 per cent lower at $1,313.81 an ounce at 0744 GMT, after touching $1,312.26, the lowest since February 9
Silver also fell by Rs 250 to Rs 39,300 per kg owing to reduced offtake by industrial units and coin makers
Traders said positive global cues as the dollar eased after last week's rally and investors waited for more data on the US inflation amid expectations of rising interest rates
Asian share markets were trying to find their footing on Wednesday as a semblance of calm returned to Wall Street
Tracking gold, silver ready jumped Rs 1,100 to Rs 41,000 per kg and weekly-based delivery Rs 1,190 to Rs 40,130 per kg
Bullion traders said the sentiment got a boost owing to a firming trend overseas where gold rose to the highest since September
The dollar index, which tracks the greenback against a basket of six major rivals, edged down 0.1 per cent
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.
Diversion of funds towards the soaring equity markets also weighed on the prices
Gold prices in India slipped to 29,209 rupees per 10 grams on Friday, the lowest level in about two months.