SHFE silver most-active contract fell 4.00% intraday to 14,242 yuan/kg.

Lebanon said on the 8th Israeli jets struck the Al-Arita Hirlinn area in the Nabatieh region in the early hours after the area had been shelled earlier, and later hit multiple targets in the Bint Jbeil area. The Lebanese Health Ministry said on the 7th that Israeli attacks since fighting flared again on March 2 have killed 4,320 people and wounded 12,203. Israel, the US and Lebanon concluded a new round of ceasefire-and-withdrawal talks in Washington on June 26 and announced a three-party framework agreement, but Israel has conducted repeated strikes inside Lebanon since June 27.

Reserve Bank of Australia Assistant Governor Hunter said supply shocks do not diminish the importance of keeping inflation low and stable.