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The trading volume of Shanghai silver 2610 has exceeded 115 billion yuan, with a daily decline of 2.84%, and the latest price is 15,587 yuan/kg. The open interest increased by nearly 2,500 lots during the day, with the price falling while the open interest increased.On August 14th, the Brazilian government announced on the 13th that it had initiated procedures under the Economic Reciprocity Act to retaliate against new tariffs imposed by the US government on Brazilian products. In a statement released that day, the Brazilian government said the unilateral tariffs imposed by the US were unreasonable and arbitrary. The Brazilian government had previously provided evidence to refute allegations of unfair trade practices against Brazil and will continue to defend its position.On August 14th, the Chinese Center for Disease Control and Prevention (China CDC) released data on the national COVID-19 epidemic situation in July. The data shows that from July 1st to July 31st, 2026, 31 provinces (autonomous regions and municipalities) and the Xinjiang Production and Construction Corps reported 522,000 new confirmed cases, including 487 severe cases and 1 death (due to respiratory failure caused by COVID-19 infection). The number of reported cases showed a fluctuating upward trend. The China CDC pointed out that since COVID-19 became a Class B infectious disease, it has become a common and frequently occurring respiratory infectious disease, with 1-2 epidemic fluctuations occurring in my country every year. The current rise in the epidemic is still a cyclical fluctuation, with an intensity comparable to the previous two years. The upward trend has clearly slowed down, and we are currently in the peak plateau period of this epidemic fluctuation.The Latvian Armed Forces stated on social media platform X that Latvia has ended its air threat alert after allied fighter jets shot down a drone in Latvian airspace.On August 14th, according to foreign media citing a US official, Jared Kushner, President Donald Trumps son-in-law and peace envoy, plans to travel to Israel next week for talks on the Gaza situation. This comes as the US continues its diplomatic efforts to make progress on its long-delayed peace plan. The visit follows Israeli Prime Minister Netanyahus rejection of a 15-point proposal from the Peace Committee. The roadmap for this proposal, released at the end of last month, included the disarmament of Hamas, the takeover of Gaza by a new Palestinian government, and the withdrawal of Israeli troops from the Gaza Strip. The US official stated that the US and Israel have reached an agreement on the desired outcomes of the Gaza issue and will continue to cooperate on other issues of common concern. The official added that Kushner may also visit other Middle Eastern countries to discuss the Gaza plan with regional partners.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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