Gold price today, June 25 -- Gold prices rose by Rs.274 to Rs.97,297 per 10 grams in futures trading on Wednesday, driven by strong demand in the spot market and fresh positions taken by speculators.
On the Multi Commodity Exchange, the August gold contract climbed Rs.274 or 0.28 per cent to Rs.97,297 per 10 grams, with a trading volume of 13,447 lots. The MCX silver price rose by Rs.299, or 0.28 per cent, to reach Rs.1,05,216 per kilogram.
In global markets, gold prices strengthened as the US dollar and Treasury yields declined. Spot gold increased by 0.2% to $3,328.89 per ounce after reaching a two-week low on Tuesday. Meanwhile, US gold futures rose by 0.3% to $3,343.00. Spot silver remained unchanged at $35.90 per ounce.
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