<h1>Gold rallies to record Rs 1,12,750 per 10g amid weaker labor data, rate-cut hopes and strong central bank demand</h1> Gold prices in the national capital rose sharply to a record Rs 1,12,750 per 10 grams, up Rs 5,080, following global all-time highs; silver also hit a record Rs 1,28,800 per kilogram. The year-to-date increase in gold approaches 43%. Market participants attributed the rally to weaker labor-market data abroad, expectations of monetary easing and rate cuts, a softer dollar, strong central-bank and ETF demand, and geopolitical and trade-tension risks. Participants will monitor upcoming inflation data and central-bank guidance, which could materially affect interest-rate expectations and precious-metal price volatility.