Golden Finance reports that, influenced by multiple factors such as the central bank's gold purchasing frenzy, the Federal Reserve's interest rate cuts, and regional situations, spot gold and silver prices are climbing steadily. Gold has surged 27% in 2024, marking the largest annual increase since 2010, constantly setting new historical highs, and at one point in October, it approached the $2800 mark. Silver rose 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 outperformed silver, with the gold-silver ratio increasing by 4.8% over the year.