abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Reaches New 1-Year High – Still a Buy?

abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)’s stock price reached a new 52-week high on Monday . The stock traded as high as $43.94 and last traded at $43.85, with a volume of 704497 shares traded. The stock had previously closed at $42.96.

Key Headlines Impacting abrdn Physical Gold Shares ETF

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

• Positive Sentiment: Criminal probe into Fed Chair Jerome Powell has raised fears about U.S. central‑bank independence, weakening the dollar and pushing investors toward gold as a haven. Sell America trade: Dollar drops, gold surges as Trump’s Fed pressure campaign raises fears about U.S. system
• Positive Sentiment: Spot gold has punched through record levels (above $4,600/oz), giving bullion ETFs direct price support and momentum flows into SGOL. Gold Breaks Through $4,600 on Fed Concerns, Haven Boost
• Positive Sentiment: Geopolitical tensions (Iran, Venezuela, recent diplomatic flashpoints) are driving safe‑haven buying in gold and silver, supporting ETF inflows. Geopolitical chaos fuels gold and silver rally toward key milestones – Solomon Global’s Cawley
• Positive Sentiment: Broad commodity/precious‑metals rallies and analyst commentary are reinforcing momentum trades into gold ETFs as traders chase record highs. Powerful rallies send gold, silver to record highs amid risk aversion
• Neutral Sentiment: Technical/intra‑day analysis is highlighting new entry levels for active traders; this can amplify short‑term volatility but doesn’t change the macro drivers. Gold market analysis for January 12 – key intra-day price entry levels for active traders
• Neutral Sentiment: Macro calendar (CPI, PPI, Fed rate‑cut odds) is the next set of catalysts — data could reinforce or temper the current gold uptrend. Gold (XAUUSD) Price Forecast: Gold Analysis Turns to CPI as Safe-Haven Demand Builds
• Negative Sentiment: Downside risk: if investigations are resolved, Fed independence is seen restored, or the dollar rebounds on stronger data, gold could reverse and pressure SGOL. Gold smashes new record of $4,600 as Powell probe and global flashpoints ignite safe-haven rush

abrdn Physical Gold Shares ETF Stock Performance

The firm has a 50 day moving average price of $40.42 and a 200 day moving average price of $36.49.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in SGOL. Northeast Financial Group Inc. lifted its stake in shares of abrdn Physical Gold Shares ETF by 3.3% during the third quarter. Northeast Financial Group Inc. now owns 9,094 shares of the company’s stock worth $335,000 after buying an additional 290 shares during the period. Berkeley Capital Partners LLC raised its stake in abrdn Physical Gold Shares ETF by 2.6% in the 3rd quarter. Berkeley Capital Partners LLC now owns 12,383 shares of the company’s stock worth $456,000 after acquiring an additional 314 shares during the last quarter. Lido Advisors LLC lifted its position in abrdn Physical Gold Shares ETF by 1.8% during the 2nd quarter. Lido Advisors LLC now owns 17,742 shares of the company’s stock worth $560,000 after acquiring an additional 320 shares during the period. True North Advisors LLC grew its stake in abrdn Physical Gold Shares ETF by 0.4% during the 3rd quarter. True North Advisors LLC now owns 81,712 shares of the company’s stock valued at $3,008,000 after purchasing an additional 347 shares during the last quarter. Finally, Prospera Financial Services Inc grew its stake in abrdn Physical Gold Shares ETF by 3.9% during the 3rd quarter. Prospera Financial Services Inc now owns 9,316 shares of the company’s stock valued at $343,000 after purchasing an additional 347 shares during the last quarter.

abrdn Physical Gold Shares ETF Company Profile

The abrdn Physical Gold Shares ETF (SGOL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund seeks to track the spot price for gold, less trust expenses holding costs, holding physical gold bars. SGOL was launched on Sep 9, 2009 and is managed by Abrdn.