Gold prices slid on Friday as China indicated that it was keen on resolving the trade war through negiotations.
US President Donald Trump also said that US-China trade talks would be on a "different level" now, however, he gave no clarity about it.
Spot gold fell 0.2%, but stayed above the $1,500/ounce mark around $1,525/ounce.
SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings dipped 0.2% to 880.36 tonnes on Thursday from Wednesday.
Back home, prices of the yellow metal slid with MCX Gold Oct Futures at 38760.00/10g, down 0.11%, mainly on global cues.
MCX Silver Sep Futures, however, rose 0.55% to Rs46,565/kg.