SEC filing shows Berkshire Hathaway raised its stake in Alphabet (GOOG.O) Class A shares by 45.2% to 78.8 mln shares; Class C holdings rose to 27.2 mln shares.

Gold looks set for a modest weekly decline as investors take profits after this week’s rally. In European morning trade New York gold futures fell 0.8% to $4,385.90/oz, after prices earlier this week topped $4,400/oz following weaker inflation data that reduced odds of a Fed hike in September. Sucden Financial said the uptrend remains intact but recent highs were not sustained, indicating profit-taking. Market-implied probability of a Fed rate hike next month is around 32%.

China A-share property sector opened lower; Jingtou Development fell over 7%, while Rongfeng Holdings, Huafa and Shoukai shares also slipped at the open.