Spot gold rose 0.7% to $4,636.34 an ounce, its highest level since May 15, after gaining more than 5% last week. Goldman Sachs said gold could rise beyond its $4,900 year-end forecast. Poland’s central bank reported its gold holdings increased to 20.6 million troy ounces in July.

U.S. Treasury Secretary Scott Bessent is advancing a long-term bond buyback plan, saying each operation will repurchase at least an additional $2 billion of long-dated Treasuries through Nov. 4. Markets read the move as a signal aimed at containing funding costs and stabilizing the bond market. After the announcement, gold extended gains, rising 2.4% on Friday and 5.9% in total. Silver and platinum also jumped, up 8.6% and 9.3%, respectively.

Jonjua Overseas has set September 4, 2026 as the record date for its 79,55,966-share bonus issue, which shareholders unanimously approved at the annual general meeting on August 21. The company also reported net profit of ₹123.70 lakh for the quarter ended June 30, down 78.4% from ₹572.48 lakh in the previous quarter. Gross sales fell to ₹435.23 lakh from ₹1,635.72 lakh over the same period.

Stanmore Resources reported 1H FY26 coal sales revenue up 13% year on year to US$978 million, with saleable production steady at 6.5 million tonnes. Underlying EBITDA rose to US$174 million, up US$27 million from the prior year, while net loss after tax narrowed to US$44 million from US$51 million. Cash flow from operations turned positive at US$176 million and the company kept its full-year production guidance unchanged, with no interim dividend declared.

Cerebras Systems has launched its next-generation CS-4 AI accelerator, saying it can support models exceeding 50 trillion parameters and cut wafer-to-wafer latency to as little as two microseconds. The company reported second-quarter revenue of $180.1 million and a market capitalization of about $49.1 billion. CBRS began trading on May 14, 2026 after pricing its IPO at $185, and the stock closed its first session at $311.07, up 68.2% from the offering price.

All three major U.S. stock indexes finished higher, with the S&P 500 up 0.4%, the Dow rising 517 points and the Nasdaq gaining 0.4%. The 30-year U.S. Treasury yield climbed to its highest level since 2007, helping lift gold to a session high above $4,690 an ounce. Concerns over the rapid growth of U.S. government debt also pushed yields higher. The Australian dollar strengthened to US71.64¢.

NVIDIA will pay $6 billion to license AI startup Poolside’s technology and hire most of its engineers, and will invest another $1 billion for an equity stake at a $12 billion valuation. The company also plans to raise prices for its Grace Blackwell GPUs and Vera Rubin systems by about 15% early next year, with a single Vera Rubin NVL 72 rack potentially priced at around $8 million. The move could push the total cost of a 1GW data center in the US to nearly $60 billion.

Soros Fund Management opened a new position in Nebius in the second quarter, ending the period with 310,000 Class A shares valued at about $85.6 million. NBIS jumped nearly 9% on Aug. 14 after the stake became public, marking its best five-day performance. Nebius also reported Q2 revenue of $582.3 million, up 454% year over year and above analysts’ estimates, driven by demand for AI computing capacity. The company plans $20 billion to $25 billion in capital expenditures this year to expand its AI infrastructure, and NBIS was $223.90 as of Aug. 19, up 164% year to date.