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Record 345 tonnes gold buying lifts prices above $4,600

8/23/2026

50 11 Full Breakdown

Summary

Gold Surges

U.S. Treasury doubled long-dated bond buybacks, lifting gold above $4,600 per ounce.
Managed-money speculators increased net-long contracts to 141,648, up from about 128,000.
Central banks bought a record 345 tonnes of gold in H1 2026, led by Poland and China.
Gold closed Friday at $4,661.60, up 1.9% daily and 5% weekly.

Summary

MicroStrategy Sells Bitcoin

MicroStrategy halted Bitcoin purchases and built a $4.8 billion cash cushion to meet $6.7 billion convertible debt obligations.
The company sold $333.7 million of stock in the week ending August 16 2026, raising cash reserves.
MicroStrategy’s Bitcoin holdings stay near 843,775 BTC, valued at roughly $58 billion despite recent sales.
CEO Michael Saylor said the Bitcoin sales were a tax-optimization move, ending the “never sell” policy.

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Gold Surges

U.S. Treasury doubled long-dated bond buybacks, lifting gold above $4,600 per ounce.
Managed-money speculators increased net-long contracts to 141,648, up from about 128,000.
Central banks bought a record 345 tonnes of gold in H1 2026, led by Poland and China.
Gold closed Friday at $4,661.60, up 1.9% daily and 5% weekly.

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