Goldman Sachs Physical Gold ETF (CBOE:AAAU) Sets New 12-Month High – Should You Buy?

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

Goldman Sachs Physical Gold ETF Stock Up 0.2 %

The stock has a 50 day simple moving average of $26.40 and a 200-day simple moving average of $24.99.

About Goldman Sachs Physical Gold ETF

(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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