降息预期与避险需求“点燃”贵金属：黄金逼近历史高点 白银突破40美元大关

Group 1 - Silver prices have surpassed $40 per ounce for the first time since 2011, with a year-to-date increase of approximately 40% [1] - Gold prices are approaching historical highs, trading near $3,500 per ounce, following a 1.1% increase [1] - The rise in precious metal prices is attributed to market expectations of an interest rate cut by the Federal Reserve in their upcoming meeting [1] Group 2 - The upcoming U.S. employment report is anticipated to confirm a weakening labor market, which may support the case for interest rate cuts [1][2] - Concerns regarding the independence of the Federal Reserve have increased demand for safe-haven assets like gold and silver [1] - Silver has outperformed gold this year, driven by increased investment in silver ETFs and a reduction in available silver inventory in the London market [3] Group 3 - The silver borrowing rate remains high at around 2%, indicating a tight market [3] - Silver has been included in the U.S. critical minerals list, raising concerns about potential impacts from U.S. tariffs [3] - As of the latest report, spot gold is up 1.15% to $3,487.76 per ounce, while silver, palladium, and platinum have also seen price increases [3]