S&P 5007,785.76▼0.2% Nasdaq26,729.16▼0.3% Dow53,732.41▼0.2% Russell 2K3,068.42▲0.5% 10-Yr4.70%+6bp VIX14.25−0.38 WTI$82.40▲1.4% Gold$4,432.00▲1.6% EUR/USD1.157▲0.4% BTC$79,179▲0.3% Nikkei68,309▲1.2%
At close · Fri, Aug 14, 2026
Daily Market Updates.

Global Markets

HomeGlobal MarketsTrade & TariffsCrypto and gold regain appeal as worries about U.S. sp…

Crypto and gold regain appeal as worries about U.S. spending grow

The renewed focus on the so-called debasement trade comes amid investor concern about the size and cost of U.S. government spending.

CNBC reports that concerns about the size and the cost of U.S. government spending have revived interest in what investors sometimes call the debasement trade.

According to CNBC Markets and CNBC World, the renewed appetite is pushing crypto and gold back into focus as investors look for assets that may benefit if fiscal pressures weigh on the outlook for money.

The coverage frames the shift as a return to a trade that typically gains traction when markets worry about dilution through inflation or currency debasement linked to government deficits.

Latest closeGold $4,432.00 ▲1.6%

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.