Goldman Sachs Physical Gold ETF (CBOE:AAAU) Trading Up 0.7% – Still a Buy?

Shares of Goldman Sachs Physical Gold ETF (CBOE:AAAUGet Free Report) were up 0.7% during mid-day trading on Monday . The company traded as high as $44.57 and last traded at $44.48. Approximately 2,058,284 shares changed hands during mid-day trading, an increase of 48% from the average daily volume of 1,390,052 shares. The stock had previously closed at $44.16.

Goldman Sachs Physical Gold ETF Trading Up 0.7%

The stock has a fifty day simple moving average of $41.86 and a 200 day simple moving average of $37.79.

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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