Spot gold or spot gold prices rose 1.3 percent to $ 4,176.29 per ounce at 10:06 am international time, which is the highest since June 23. The price of this precious metal has risen more than 2 percent so far this week. On the other hand, the price of gold in the US gold futures contract for delivery in August is trading at $ 4,188.80 per ounce.