<h1>Gold hits record Rs 1.20 lakh per 10g as weak dollar, US rate-cut hopes and funding worries push prices higher</h1> Gold rose to a lifetime high of Rs 1.20 lakh per 10 grams in Delhi amid a weak dollar, expectations of US rate cuts and concerns over US short-term funding, with 99.5% purity gold at about Rs 1,19,400 per 10 grams and year-to-date gains near 52%. Silver also hit record levels around Rs 1,50,500 per kg, up roughly 68% YTD. Futures showed volatility and profit-booking, with near-term contracts retreating after intraday peaks. Market participants cited global uncertainties and upcoming US employment data as key drivers for price direction.