机构：相较于黄金，白银似乎更能受益于美国的降息

Core Viewpoint - In a potential declining interest rate environment, silver may benefit more than gold due to its higher sensitivity to monetary policy changes [1] Group 1: Market Analysis - Rania Gule, a senior market analyst at XS.com, highlights that silver's high liquidity, ease of trading, and relatively low cost make it an attractive safe-haven asset for both retail and institutional investors [1] - Silver has increased by nearly 148% in 2025, reflecting its multifaceted nature as a safe-haven asset, currency hedge, and a key mineral for the U.S. economy [1] Group 2: Demand Factors - The anticipated depreciation of the U.S. dollar is expected to enhance the appeal of silver priced in dollars for non-U.S. buyers, thereby driving global demand [1]