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Gold prices rise as U.S. retail sales drop more than expected in July

Market News
14 Aug 2026
Kitco
View Source
Bullish
Gold prices rise as U.S. retail sales drop more than expected in July

U.S. retail sales fell by 0.6% in July, significantly worse than the expected 0.1% increase, signaling weaker consumer spending. Core retail sales, excluding vehicles, also declined by 0.3%, below forecasts. This unexpected drop in spending boosted gold prices, with spot gold rising to $4,387 shortly after the data release. The weaker retail sales suggest cautious consumer behavior, which often supports gold as a safe-haven asset amid economic uncertainty.

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ISS A/S continues share buyback, repurchasing shares worth over DKK 1.8 billion to reduce capital and support incentives.

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ISS A/S is actively executing its share buyback programme announced in February 2026, aiming to redistribute excess cash to shareholders by reducing share capital and fulfilling share-based incentive obligations. The company has repurchased shares wo...

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Investec Bank discloses share dealings in Gamma Communications on Oct 9, 2026.

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Investec Bank plc, acting as joint broker to Gamma Communications Plc, disclosed its share transactions on October 9, 2026. The bank purchased 150,000 ordinary shares at prices between 1092.5 and 1094, while selling 167,967 shares at prices between 1...

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Investec Bank discloses share dealings in SThree Plc on October 9, 2026, as joint broker.

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Investec Bank Plc, acting as joint broker to SThree Plc, disclosed transactions involving the purchase and sale of 74,820 ordinary shares on October 9, 2026. The shares were traded at prices between 307.5 and 308.5 per unit. There were no derivative ...

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Investec Bank sells 2,386 shares of Gooch & Housego plc on October 9, 2026

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Investec Bank plc, acting as advisor and broker to Gooch & Housego plc, disclosed the sale of 2,386 ordinary shares at a price of 1,230 per share on October 9, 2026. There were no derivative transactions or other dealing arrangements reported. This t...

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FLSmidth repurchases 48,000 shares under its DKK 1 billion buy-back program in early October 2026.

FLSmidth repurchases 48,000 shares under its DKK 1 billion buy-back program in early October 2026.

FLSmidth & Co. A/S continued its share buy-back program initiated in May 2026, repurchasing 48,000 shares between October 5 and 8, 2026, at an average price ranging from DKK 548.31 to DKK 572.56 per share. The total value of shares bought back in thi...

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