<h1>Domestic gold futures hit record highs as rate-cut hopes, weak dollar, and safe-haven demand raise import and forex risks</h1> Domestic gold futures hit record highs amid expectations of US interest-rate cuts and a weaker dollar, driven by weak US labour data and rising safe-haven demand. International bullion and ETFs also reached peaks, while a major foreign central bank continued diversifying reserves into gold and a US administration exempted certain metals from tariffs. Market commentary flagged potential macro- and regulatory implications: amplified import bill and forex pressure, heightened oversight by domestic financial authorities under foreign exchange and commodities regulations, and possible price effects from geopolitical sanctions risks affecting supply and demand.