Gold is poised to achieve its most significant annual gain since 2010, with a remarkable 27% increase driven by U.S. monetary easing, ongoing geopolitical tensions, and substantial central bank purchases. Despite a slight decline following Donald Trump’s election victory, gold’s performance in 2024 has outpaced many other commodities, highlighting a complex year for metals overall. Analysts note that the dynamics influencing the market may be shifting, particularly as investors brace for uncertainties surrounding U.S. monetary policy and geopolitical developments in 2025.