Spot silver rose 3.00% intraday to $61.30/oz.

Spotify (SPOT.N) fell 4.3% after the company said it expects Q3 profit and monthly active users to be below expectations.

President Trump said in an interview that Iran will never be allowed to obtain nuclear weapons, claiming they currently cannot and that this will be formally confirmed. He warned the Strait of Hormuz will "reopen soon" or Iran will be struck "very severely." Trump said the US had prepared "a massive attack, the largest since WWII" but Iran called asking to negotiate. "If they back out again, they will be severely hit," he said, adding US actions have already "very, very" hurt Iran but a "real blow" has not yet been delivered and he hoped it would not be necessary.