On Aug 28 (Friday) evening session, Shanghai Gold Exchange gold T+D closed down 2.64% at 964.55 yuan/gram; silver T+D closed down 3.89% at 16,187.0 yuan/kg.

WHO director-general has determined the Ebola outbreak in the Democratic Republic of the Congo continues to meet the criteria for a Public Health Emergency of International Concern (PHEIC) but does not meet the criteria for a pandemic.

On Aug. 28 Iran president PEZESHKIAN said recent talks with Oman produced renewed agreement to reopen the Strait of Hormuz under a coordinated plan, but any reopening must be conditional on the United States fulfilling specified obligations. He listed those obligations as lifting blockades and sanctions, unfreezing Iranian funds and stopping Israeli hostile actions in Lebanon. PEZESHKIAN said Iran will open the strait under its own policy, framed the move as consistent with an Islamabad memorandum accepted by the parties, and said Tehran is forming a common regional approach with neighbors.