Gold and silver 2024 annual closing: Gold recorded its largest annual increase since 2010, once approaching $2,800

January 1st news, affected by multiple factors such as the central bank's gold buying tide, the Federal Reserve's interest rate cut and the regional situation, the spot gold and silver prices have been climbing. Gold closed up 27% in 2024, the largest annual increase since 2010. During this period, it continued to set new records and approached the $2,800 mark in October. Silver closed up 21%, hitting a more than 10-year high of $34.86, and is now hovering around $28.9 an ounce. Gold outperformed silver as a whole, with gold and silver gaining 4.8% over the whole year.