Rand Capital Corporation shares fall 1.95% intraday as South African rand strengthens due to higher gold prices.

Thursday, Aug 7, 2025 2:14 pm ET1min read
Rand Capital Corporation fell 1.95% intraday, with the decline potentially influenced by broader market concerns and the impact of U.S. tariffs on global trade. The South African rand, which is commodity-backed, experienced volatility due to the weaker dollar and higher gold prices as investors sought safe-haven assets amidst tariff uncertainty. Additionally, the U.S. stock futures rose and the dollar fell as investors digested new effective U.S. tariffs, which could have contributed to the overall market sentiment and affected Rand Capital Corporation's stock performance.

Rand Capital Corporation shares fall 1.95% intraday as South African rand strengthens due to higher gold prices.

Comments



Add a public comment...
No comments

No comments yet