T he gold market has experienced significant growth throughout 2024, with prices surging to unprecedented heights and shattering numerous records along the way. Gold's bull run fi

Year to date, gold is up 29.71% as of 9 a.m. ET. The 52-week intraday high reached $2,688.81 on Oct. 17, 2024, and the 52-week intraday low dropped to $1,911.85 on Oct. 17, 2023.

Investing in gold seems like a throwback, yet this precious metal is hitting new highs and attracting new investors. How do you buy gold—and should you?

Ongoing conflicts around the world are significantly impacting gold's value, sometimes overshadowing the effect of interest rates. Conners points out that during times of major geopolitical tension, like what we're experiencing now, gold often serves as a hedge against uncertainties that come with global crises.

The price of gold traded at $2,681.81 per troy ounce, as of 9 a.m. ET. That’s up 1.26% from yesterday’s gold price per ounce and up 29.79% since the beginning of the year. The lowest trading price within the last 24 hours: $2,646.14 per ounce. The highest gold spot price in the last 24 hours: $2,685.27 per ounce.

The price of 10 gm of 24 carat gold is Rs. 78293.0/10 grams in Delhi, whereas 1 kg of silver is Rs. 100000.0/Kg in Delhi.

The price of gold has surpassed yet another price record. Here's why you shouldn't wait any longer to get invested.