On Aug 11 (Tue), Shanghai Gold Exchange Gold T+D closed up 0.59% at 946.69 yuan/gram; Silver T+D closed up 0.81% at 15,678.0 yuan/kg.

Jordan University international relations professor Hasan Balari said Trump’s refusal to meet Iran’s compensation demand is aimed at eroding Tehran’s negotiating leverage. The US has described the demands as “unrealistic and unverifiable,” and Balari said accepting them would amount to admitting US responsibility for the war; both sides have since raised their asks. He said the US position rests on military power, a de facto maritime blockade of Iranian ports and Iran’s economic deterioration, but both sides show weaknesses — US military capacity is limited and Iran’s political and military positions are weak. Balari identified the Strait of Hormuz as Iran’s primary remaining leverage and said Tehran will seek to maximise that card to compel a US return to the memorandum framework; he said the standoff is likely to continue unless maintaining the status quo becomes costlier than returning to the memorandum.

【沪深两市今日成交额合计23209.86亿元，中际旭创成交额居首】8月11日，沪深两市全天成交额合计23209.86亿元，较上一日缩量2021.17亿元。其中，沪市成交额为10667.37亿元（上一交易日为11668.93亿元），成交量为5.29亿手（上一交易日为5.42亿手）；深市成交额为12542.49亿元（上一交易日为13562.1亿元），成交量为6.43亿手（上一交易日为6.88亿手）。中际旭创成交额居首，为299.59亿元。其次是新易盛、兆易创新、东山精密、风华高科，成交额分别为199.77亿元、177.21亿元、175.89亿元、172.93亿元。--- 数据可能有问题，需要人工核对。