Shares of Goldman Sachs Physical Gold ETF (CBOE:AAAU – Get Free Report) shot up 1.6% during trading on Friday . The stock traded as high as $31.92 and last traded at $31.92. 2,181,925 shares traded hands during mid-day trading, an increase of 57% from the average session volume of 1,390,052 shares. The stock had previously closed at $31.42.
Goldman Sachs Physical Gold ETF Stock Down 1.2%
The firm’s fifty day simple moving average is $31.29 and its 200 day simple moving average is $28.49.
Goldman Sachs Physical Gold ETF Company Profile
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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