PRECIOUS-Gold soars 2% as trade worries trigger flight to safety [Reuters]
U.S. Global Investors, Inc. - Class A (GROW)
US:NASDAQ Investor Relations:
usfunds.com/about-us/investor-relations
Company Research
Source: Reuters
PRECIOUS-Gold soars 2% as trade worries trigger flight to safety * Chinese yuan falls below 7 per dollar to 11-year low * FX rates in 2019 tmsnrt.rs/2egbfVh By K. Sathya Narayanan Aug 5 (Reuters) - Gold surged 2% on Monday to its highest level in more than six years as a worsening U.S.-China trade conflict prompted investors to dump riskier assets for safe havens, with a weaker dollar lending further fuel for bullion’s run. Spot gold was up 1.4% at $1,460.60 per ounce as of 11:04 a.m. EDT (1504 GMT), after hitting its highest level since May 2013 at $1,469.60. U.S. gold futures rose 1.1% to $1,473. In the latest flare-up in a long-drawn trade spat, China on Friday said it would fight against a decision by U.S. President Donald Trump to slap an additional 10% tariff on $300 billion worth of Chinese imports. “What is driving gold is fear of these tariffs and the fear of China retaliating,” said Michael Matousek, head trader at U.S. Global Investors, adding that a host of uncertainties
Show less
Read more
Impact Snapshot
Event Time:
GROW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GROW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GROW alerts
High impacting U.S. Global Investors, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
GROW
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