The US on Tuesday imposed visa restrictions on certain Chinese officials for the detention of Muslim minorities in China, which added to the tensions.
However, the high-level trade talks would still take place on Thursday and Friday.
MCX Gold Dec futures were trading 0.2% up at the Rs38,470/10g, while MCX Silver Dec futures were up 0.3% above Rs46,000/kg.
In the international markets, gold prices were steady on Wednesday. Markets are watching for clues on monetary easing by the US Federal Reserve.