Gold futures on the Multi Commodity Exchange opened higher by Rs 21 to Rs 30,157 per 10 grams as rupee depreciated against dollar.
In Comex, the yellow metal was trading up at $1,622 a troy ounce.
The European Union and the International Monetary Fund have pledged at least €393 billion ($485 billion) in aid to Greece, Ireland, Portugal and Spain to help them pay their bills while they implement reforms.
Gold prices in the futures market in India may trade on the higher side drawing support from weak rupee.