Goldman Sachs Physical Gold ETF (CBOE:AAAU) Trading Up 0.5% – Here’s What Happened

Goldman Sachs Physical Gold ETF (CBOE:AAAUGet Free Report) rose 0.5% during mid-day trading on Thursday . The company traded as high as $29.07 and last traded at $28.98. Approximately 1,599,428 shares traded hands during trading, an increase of 15% from the average daily volume of 1,390,052 shares. The stock had previously closed at $28.83.

Goldman Sachs Physical Gold ETF Stock Performance

The business has a 50 day moving average of $27.85 and a 200-day moving average of $26.66.

About Goldman Sachs Physical Gold ETF

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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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