ANI New Delhi

The gold market remained upbeat throughout the year 2024, accumulating handsome gains for the yellow metal investors, and it is expected that the precious metal will shine going into the New Year. Gold logged about 27 per cent returns in 2024.

MUFG Bank, Japan's largest bank and one of the world's largest, in a report, asserted that the bull run in gold will continue through 2025. It attributed two key reasons – hedging against geopolitical risks and central bank demand in emerging markets.

"Gold's unshakable bull market remains our most constructive conviction for the second consecutive year, reinforced by a combination of "fear" (geopolitical hedge of first resort) and "wealth" (EM central bank demand) dimensions," as per the report.