【Gold and Silver 2024 Year-End Summary: Gold Achieves Largest Annual Increase Since 2010, Approaching $2800】Golden Finance reports that the prices of spot gold and silver have been rising steadily due to multiple factors including central bank gold purchases, Federal Reserve interest rate cuts, and regional situations. Gold has surged 27% in 2024, marking the largest annual increase since 2010, continually setting new historical highs, and at one point in October, it approached the $2800 mark. Silver has increased by 21%, reaching a peak of $34.86, the highest in over 10 years, and is currently hovering around $28.9 per ounce. Overall, gold has performed better than silver, with the gold-silver ratio increasing by 4.8% throughout the year.