机构看金市：6月6日

Group 1 - The rapid contraction of the gold-silver ratio may not be sustainable, with market volatility driven by tariff negotiations and bond market changes [1] - The gold-silver ratio has significantly adjusted, potentially influenced by the recent US-China leaders' call, but the ultimate trend may be more related to liquidity conditions [2] - Short-term drivers for gold and silver are unclear, with geopolitical risks and US tariff policies affecting market sentiment [3] Group 2 - The recent rise in precious metals is supported by both technical momentum and fundamental improvements in the overall metals market, with strong physical silver demand from India and recovering platinum demand from China [4] - Market expectations for at least two rate cuts by the Federal Reserve this year have been bolstered by an unexpected rise in initial jobless claims [4] - The uncertainty surrounding tariff negotiations remains, with potential for increased safe-haven demand for gold if substantial progress is not made [3]