Gold prices rise, Dow Jones sinks 700 points, Walmart’s worry, Nvidia chips to China and more

Gold prices rise, Dow Jones sinks 700 points, Walmart’s worry, Nvidia chips to China and more

By LinkedInEditors
Publication Date: 2026-08-21 05:34:00

Hello and Welcome to CNBC-TV18’s Newsletter. Today, we take a look at the third weekly gains in gold, the monumental slump in Dow Jones, Walmart’s worries for investors, Nvidia’s chip sale to China, Humanoid robots and their tantrums and more

DAY AHEAD IN DATA WATCH

  • United Kingdom Retail Sales Data
  • France Business Confidence Data
  • Turkey Consumer Confidence Data
  • France, Germany Manufacturing PMI Data
  • India Foreign Exchange Reserves


Gold prices on track for third weekly gain

Gold is on track for third consecutive weekly gain after the US Treasury’s unexpected ramp-up in buybacks of government debt. Bullion was around $4,530 an ounce and was poised to end this week over 3% up. The US Treasury’s surprise liquidity injection earlier this week sent yields and the dollar lower, boosting bullion.

Why Walmart’s…