Spot silver rose 1.00% intraday to $76.42/oz; New York silver futures rose 1.00% intraday to $76.68/oz.

Istat revised Italy's Q1 GDP growth to 0.3% quarter-on-quarter, up from a prior 0.2% estimate and matching Q4 2025. Consumption, investment and trade all showed improvement. The government lost a judicial reform referendum last month and 2025's fiscal deficit exceeded the EU 3% limit. Growth momentum from 2025 was later hit by a Middle East conflict linked to Iran, which pushed up fuel costs and dented confidence, prompting the government to lower its growth forecasts. Bank of Italy Governor Panetta said activity is expected to remain weak in coming months and “in the worst case the economy could stagnate or contract.”

China's ChiNext Index slid as much as 2% intraday; the Shenzhen Composite Index fell 1.75% and the Shanghai Composite Index dropped 0.85%. Memory-chip and advanced-packaging names led the declines.