MCX gold July futures fell 0.53% to Rs 1,38,786 per 10 grams on June 25, while MCX silver July futures dropped 1.2% to Rs 2,10,519 per kg. In global markets, gold also weakened and briefly fell to $3,964 an ounce, the lowest level since November. The slide came as a US dollar-linked gauge rose 0.8% this week, while expectations for a Federal Reserve rate hike strengthened, weighing on dollar-priced precious metals demand.