Goldman Sachs Physical Gold ETF (CBOE:AAAU) Sets New 1-Year High – Here’s Why

Goldman Sachs Physical Gold ETF (CBOE:AAAUGet Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $26.32 and last traded at $26.07, with a volume of 2517045 shares changing hands. The stock had previously closed at $26.30.

Goldman Sachs Physical Gold ETF Trading Down 0.9 %

The stock’s 50-day simple moving average is $26.39 and its 200 day simple moving average is $24.79.

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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