Gold and silver have witnessed a stellar rally this calendar year, touching new highs. Gold has posted over 28 per cent returns in the past 12 months, whereas silver has posted over 33 per cent returns.

The price of gold traded at $2,731.69 per troy ounce, as of 9 a.m. ET. That’s down 0.27% from yesterday’s gold price per ounce and up 32.20% since the beginning of the year.

The sustained bull run has defied early predictions and continues to generate significant returns for investors who positioned themselves in this sector, with both gold and silver posting impressive gains throughout 2024.