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Friday, 14 August 2026

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Finance

Gold struggles below two-month high despite softer US PPI

Gold (XAU/USD) trades under pressure on Thursday after hitting a fresh two-month high of $4,449 during Asian trading hours. The metal fails to capitalise on softer-than-expected US Producer Price Index (PPI) data, even …

Metaplanet denies selling bitcoin worth $320 million

Company CEO Simon Gerovich moved quickly to dismiss reports of a massive sale, clarifying that Wednesday’s large BTC transfer, flagged by blockchain trackers, was merely a “routine custody transfer” and not a liquidatio…

Gold: Upside capped by Fed hike risks – TD Securities

TD Securities’ Bart Melek notes Gold extended gains after the July Consumer Price Index (CPI) matched expectations, reinforcing a dovish narrative around Fed Chair Warsh. With prices near $4,434/oz and resistance just b…