Goldman Sachs Physical Gold ETF (CBOE:AAAU) Reaches New 12-Month High – Still a Buy?

Goldman Sachs Physical Gold ETF (CBOE:AAAUGet Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $26.34 and last traded at $26.23, with a volume of 1352465 shares trading hands. The stock had previously closed at $26.18.

Goldman Sachs Physical Gold ETF Stock Down 0.3 %

The firm’s fifty day moving average is $26.41 and its 200 day moving average is $25.03.

Goldman Sachs Physical Gold ETF Company Profile

(Get Free Report)

The Goldman Sachs Physical Gold ETF (AAAU) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in a vault in Perth, Australia. Investors can redeem their shares for gold coins and small bars. AAAU was launched on Jul 26, 2018 and is managed by Goldman Sachs.

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