PRECIOUS-Gold firms as U.S.-China trade escalation dampens risk taking [Reuters]
U.S. Global Investors, Inc. - Class A (GROW)
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Source: Reuters
PRECIOUS-Gold firms as U.S.-China trade escalation dampens risk taking - Reuters 3 Min Read * Trump says he will hike U.S. tariffs on Chinese goods this week * Gold specs switch net long position in week to April 30 * SPDR gold holdings fall to lowest since Oct. 11 (Adds comments, updates prices) By Swati Verma May 6 (Reuters) - Gold edged up on Monday as a slide in global share markets after Trump administration’s threat of further tariffs on China prompted investors to favor safe-haven assets, but bullion’s upside was capped by a firm dollar. Spot gold gained 0.2 percent to $1,281.76 per ounce as of 02:22 p.m. EDT (1822 GMT). U.S. gold futures settled up 0.2 percent at $1,283.8 an ounce. “We had two big geo-political events over the weekend, one is the news from Iran with U.S. carrier, bombers group headed to Middle East and all the stuff with China about tariffs,” said Bob Haberkorn, senior market strategist at RJO Futures. The two geo-political risk events should have helped gold
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News
- U.S. Global Investors, Inc. (NASDAQ: GROW) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Cybersecurity At A Crossroads As Global Threats Hit Record Highs [Forbes]Forbes
- U.S. Global Investors, Inc. (NASDAQ: GROW) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Border Security Takes Center Stage In Economic And Market Trends [Forbes]Forbes
- U.S. Global Investors Reports Profitability for the First Quarter of 2025 Fiscal YearGlobeNewswire
GROW
Sec Filings
- 11/7/24 - Form 8-K
- 11/7/24 - Form 10-Q
- 11/1/24 - Form 4
- GROW's page on the SEC website