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Thursday, 13 August 2026 Reading Room
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Finance & Markets

Gold rises as expectations of US interest rate hike recede

<p>Singapore: Gold hit its highest level in more than two months Thursday, driven by receding expectations of a US interest rate hike following data showing a slowdown in inflationary pressures. Investors are now awaiting producer price data for further clues on the direction of inflation.</p> <p>Spot gold gained 0.6% to $4,433.62 per ounce, after rising about 1% earlier to its highest level…

thepeninsulaqatar.com ·

Gold rises as expectations of US interest rate hike recede

We haven't written up this one. The Peninsula Qatar Business has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at thepeninsulaqatar.com →

More in Finance & Markets

Brazil’s Q2 Earnings Turn Red at MRV, CSN and Americanas

Brazil · Earnings Key Facts MRV loss MRV&CO posted a net loss of R$626.3 million (about US$121 million) in Q2 2026, a 22.7% smaller loss than a year earlier.

  • MRV reported R$626.3 million (US$121 million) net loss due to US$110 million impairment.
  • CSN posted R$773 million (US$149 million) net loss despite higher revenue.
  • Americanas reported R$274 million (US$53 million) net loss due to declining same-store sales.

·riotimesonline.com

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