SHFE silver 2610 jumped 3.09% intraday to 15,668 yuan/kg; turnover about 167.12 billion yuan; open interest rose roughly 200 lots intraday.

The Islamic Revolutionary Guard Corps spokesman said on the 9th Iran’s strategy is to maintain control of the Strait of Hormuz until adversaries accept all Iranian conditions and acknowledge defeat. He said Iran has forced the enemy to abandon previously set objectives and that the opponent is now concentrating on reopening the Strait of Hormuz. He added Iran’s resistance will continue indefinitely and defeating the enemy is an unchangeable Iranian strategy.

Cyprus Energy Minister Michael Damianos told AP Cyprus could start exporting natural gas from East Mediterranean offshore fields to Europe as early as March 2028. He said the Ukraine crisis and Middle East conflict have unsettled global energy markets and accelerated European efforts to diversify supplies, bringing East Mediterranean fields into view as an alternative source.