Fresh peaks! Gold nears Rs 1.2 lakh, silver hits Rs 1.47 lakh amid falling Yen, US govt shutdown. How far can the rally go?

Gold and silver futures hit lifetime highs on Monday. Global macroeconomic uncertainties fueled safe-haven demand. Weak US bond yields and geopolitical tensions also supported the price surge. Investors expect additional Federal Reserve rate cuts soon. Experts predict continued volatility for both precious metals this week. Physical market rates also increased.