Group 1 - Silver prices have surged, breaking through $40.53 per ounce, marking the highest level since September 2011, with a daily increase of over 2% [1] - Gold prices have risen for the fifth consecutive trading day, approaching $3,478 per ounce, nearing the psychological level of $3,500 [2] - The rise in precious metals is attributed to market expectations of an imminent interest rate cut by the Federal Reserve, with a probability of over 70% for a 25 basis point cut in September [4] Group 2 - The demand for silver has been boosted by a recovery in the renewable energy sector, particularly in photovoltaic applications, alongside a shift in Federal Reserve policy [4] - The gold-silver ratio has decreased from above 90 to below 80, indicating potential upward movement for silver prices [4] - The iShares Silver Trust saw a significant inflow of 200 tons last Friday, the largest single-day increase since 2022, reflecting a change in investor sentiment [4] Group 3 - Central banks globally added a net 37 tons of gold in July, with China, Poland, and Turkey being the top buyers for three consecutive months [4] - Citigroup has raised its 12-month gold price target from $3,300 to $3,600, suggesting that if the Federal Reserve cuts rates by 50 basis points, gold could briefly reach $3,700 [4] Group 4 - The U.S. stock market showed moderate performance, with the Nasdaq 100 futures down 0.4%, influenced by concerns over sustained AI capital expenditures [5] - The dollar index fell to 101.3, a new low for the year, while non-U.S. currencies strengthened, with the euro rising to 1.11 and the pound surpassing 1.31 [5] - The upcoming week will focus on U.S. non-farm payroll and ISM services data, which could influence expectations for a 50 basis point rate cut in September [6]
Juno markets：白银创十四年新高，黄金五连涨
Sou Hu Cai Jing·2025-09-01 09:15