The main Shanghai silver futures contract rose more than 4% intraday, currently trading at 18,556 yuan/kg.

1. US Media: White House Believes Ceasefire Memorandum of Understanding with Iran is Close —According to US media reports on the 6th, two US officials and two other sources revealed that the White House believes it is close to reaching a one-page memorandum of understanding with Iran. This memorandum aims to end the war and set a framework for more detailed nuclear negotiations. 2. Sudden Halt to "Freedom Program"—On the evening of the 5th (Eastern Time), US President Trump posted on social media that the "Freedom Program," designed to "clear" the passage of ships in the Strait of Hormuz, would be suspended in the short term. 3. Iran "Knows What It Shouldn't Do"—When asked by the media during a White House event on the 5th about what Iranian actions would constitute a ceasefire violation, Trump replied, "They (Iran) know what they shouldn't do." 4. US Military May Need to Enter Iranian Territory to Obtain Nuclear Materials —Trump stated on Tuesday that US troops must enter Iranian territory to carry out missions to ensure the security of nuclear assets. Trump stated, "We're going to have to pay a price because we have to go into Iran and take away the nuclear weapons." 5. Claims Iran Still Hopes for Agreement; Iran Did Not Attack Ships Protected by the US —On May 5th local time, Trump stated regarding the Iran issue that Iran still hopes for an agreement. Regarding the Strait of Hormuz, Trump stated that Iran did not attack ships protected by the US. 6. Israeli Media: Trump Recently Considered Resuming Airstrikes Against Iran —According to a report by Israel's Channel 12 television on May 5th, citing senior US officials, Trump was about to order another airstrike on May 1st, but changed his mind at the last minute after Iran submitted a new negotiating proposal through Pakistan that day. 7. Calls the Iran Conflict "A Small Conflict" —Trump addressed the situation in Iran. He called the Iran conflict "a small conflict," while also stating that "despite small-scale clashes, the stock market hit a record high today." He also stated that Iran must not be allowed to possess nuclear weapons, and that Iran should raise the white flag and surrender.

EU TELLS US THEY SHD IMPLEMENT KEY PARTS OF TRADE DEAL BY JULY