Due to multiple factors such as the central bank's gold purchase surge, the Federal Reserve's interest rate cuts, and regional situations, spot gold and silver prices have been rising steadily. Gold saw a significant increase of 27% in 2024, marking the largest annual gain since 2010, continuously hitting historical highs, and nearing the $2800 mark in October. Silver rose by 21%, reaching a high of $34.86, the highest in over a decade, currently hovering around $28.9 per ounce. Overall, gold outperformed silver, with the gold-silver ratio increasing by 4.8% throughout the year.