NEW DELHI: Gold prices fell in futures trade on Thursday following an uptick in global risk appetite. China said it will hold trade talks with the United States in early October, raising hopes they can de-escalate their trade war, Reuters reported. Following this development, global stocks rose.

Globally, spot gold prices fell by 0.5 per cent. SPDR Gold Holdings said its holdings rose 0.66 per cent to 895.90 tonnes on Wednesday.

Spot gold dropped $1,544.66 per ounce. It had touched $1,557 on Wednesday, a fresh peak since April 2013.

Gold Rates - Spot & Futures (.995 purity) (MCX)

Date	Gold Spot Price Rs/10 grms (AHMEDABAD)	Gold Future Price Rs/10 grms Expiry: 04-Oct-2019
05-09-2019	39011.0	39496.0
04-09-2019	39011.0	39836.0
02-09-2019	0.0	39103.0
30-08-2019	38405.0	38655.0
28-08-2019	38795.0	39186.0
23-08-2019	37599.0	38812.0
20-08-2019	37688.0	37981.0
16-08-2019	37466.0	38010.0
14-08-2019	37574.0	38201.0
12-08-2019	0.0	38236.0

The domestic market also saw a fall in the price of gold due to improved risk sentiment. Silver rates also fell after hitting a life-time high of Rs 51,489 in yesterday's session on MCX.

Around 11:30 am, MCX Gold traded at Rs 39,470 per 10 gram.