白银短期维持偏强走势

Group 1 - The Federal Reserve shows significant internal disagreement regarding the future path of interest rate cuts, with expectations of continued monetary policy easing but a low likelihood of substantial rate cuts [1][2] - The September dot plot indicates that 9 out of 19 Federal Open Market Committee members expect two more rate cuts of 25 basis points each by the end of the year, while others have varying opinions on the rate trajectory [1][2] - The upcoming leadership change at the Federal Reserve may lead to structural changes in monetary policy, with the performance of economic data being crucial for future rate decisions [2] Group 2 - Silver has a stronger industrial application compared to gold, with nearly 60% of silver being used in industrial applications, making its price more sensitive to economic cycles [2][3] - The gold-silver ratio has recently corrected from a high of around 105 to approximately 80, indicating that silver may be undervalued relative to gold, creating opportunities for investors to short the gold-silver ratio [3] - The expectation of lower interest rates may lead to a rotation of funds from gold to silver, as investors seek to capture potential gains from undervalued silver during periods of economic recovery [3][4]