Spot silver is up 1.00% intraday at $65.11/oz.

A股元件板塊衝高，華正新材、艾華集團漲停，中英科技、威爾高、南亞新材、則成電子、中富電路跟漲。

China will lower retail price caps for gasoline and diesel at 24:00 on Aug 14, the fifth cut this year. Retail ceilings fall by 230 yuan/tonne for gasoline and 220 yuan/tonne for diesel, equivalent to per‑litre cuts of 92‑octane -0.18 yuan/litre, 95‑octane -0.19 yuan/litre and 0# diesel -0.19 yuan/litre. During the pricing cycle Middle East tensions intensified and China’s crude-price change rate swung negative. Short-term prospects for reopening of the Strait of Hormuz are unclear, keeping international oil prices biased high and volatile. A new round of crude-price change rate has opened in positive territory; the opening day's equivalent upward adjustment would be 150 yuan/tonne. Next pricing window is 24:00 on Aug 28.