降息“靴子”落地，白银为何率先领涨？

Group 1 - The Federal Reserve lowered interest rates by 25 basis points on September 18, marking the beginning of a monetary easing cycle, which has led to increased demand for safe-haven assets like silver, with the main silver futures contract rising nearly 5% since September 19 [1][3] - The easing of liquidity is expected to enhance the appeal of precious metals, and the rise in silver prices may just be the beginning, as industrial commodity prices typically experience greater volatility and opportunities in a rate-cutting environment [3] - The futures market offers T+0 trading, margin systems, and the ability to operate in both directions, allowing for flexible capture of market movements across over 140 futures and options products, including financials, precious metals, and agricultural products [3] Group 2 - A competition titled "Economic Grain Cup - National Futures Simulation Championship" is being organized in collaboration with COFCO Futures, aimed at helping participants optimize asset allocation and seize market fluctuations during the easing cycle [3] - Participants can register for the competition to receive 1 million simulated capital, with a dual evaluation mechanism for weekly and monthly competitions, offering multiple rewards [5] - The competition is positioned as a crucial opportunity for traders to learn derivative tools, especially during a critical period of high volatility in the A-share market [5]