Goldman Sachs Physical Gold ETF (CBOE:AAAU) Trading 0.2% Higher – Here’s What Happened

Goldman Sachs Physical Gold ETF (CBOE:AAAUGet Free Report) shares shot up 0.2% on Thursday . The company traded as high as $30.97 and last traded at $30.88. 2,052,394 shares changed hands during trading, an increase of 48% from the average session volume of 1,390,052 shares. The stock had previously closed at $30.82.

Goldman Sachs Physical Gold ETF Stock Performance

The company has a fifty day moving average price of $28.98 and a 200-day moving average price of $27.23.

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.

Further Reading

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