Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) Reaches New 12-Month High – Should You Buy?
by Mitch Edgeman · The Markets DailyGoldman Sachs Physical Gold ETF (NYSEARCA:AAAU – Get Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as $43.71 and last traded at $43.71, with a volume of 166625 shares traded. The stock had previously closed at $42.82.
Trending Headlines about Goldman Sachs Physical Gold ETF
Here are the key news stories impacting Goldman Sachs Physical Gold ETF this week:
- Positive Sentiment: Gold surged to fresh records amid rising geopolitical tensions, supporting long‑term safe‑haven demand that benefits a physically backed gold ETF like AAAU. Gold Climbs Above $4,500/oz for First Time Amid Rising Geopolitical Tensions
- Positive Sentiment: Analysts and market reports point to momentum driven by Fed rate‑cut expectations and safe‑haven flows — institutional demand that can sustain inflows into physical gold ETFs. Gold and Silver Analysis: Momentum Builds as Fed Shifts and Geopolitical Tensions Drive Demand
- Positive Sentiment: Large cross‑border bullion flows (e.g., sizeable Chinese bullion purchases from Russia) indicate structural physical demand that supports prices and ETFs holding bullion. Largest bilateral gold trade in history? China buys nearly $1 billion in bullion
- Neutral Sentiment: Institutional forecasts and price targets (e.g., multi‑year calls) point to higher medium‑term fair values for gold, which is supportive but depends on timing and flows. JP Morgan sees gold at $5,055 by Q4 2026
- Neutral Sentiment: Technical intraday guidance and trader entry levels show continued upside potential but also narrow ranges — useful for active traders but not an immediate price signal for the ETF. Gold market analysis for December 24 – key intra-day price entry levels for active traders
- Negative Sentiment: Several reports note modest profit‑taking after gold hit new highs, which can produce short‑term outflows or mean reversion pressure on a physical gold ETF. Gold, silver see modest profit taking after both hit new highs earlier
- Negative Sentiment: Some market commentators warn that being long gold at stretched prices is risky and point to technical resistance — perspectives that can prompt traders to reduce positions. Crude Oil Risk Still to Downside, Long Gold a ‘Dangerous Bet’
- Negative Sentiment: AAAU’s intraday trading volume is below its average and the ETF is trading near its one‑year high, making it vulnerable to short‑term pullbacks from profit‑taking or rebalancing flows.
Goldman Sachs Physical Gold ETF Stock Down 0.3%
The business’s 50 day moving average price is $41.07 and its 200 day moving average price is $36.84.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in AAAU. Strait & Sound Wealth Management LLC increased its stake in shares of Goldman Sachs Physical Gold ETF by 1.5% in the 3rd quarter. Strait & Sound Wealth Management LLC now owns 18,006 shares of the company’s stock worth $686,000 after purchasing an additional 268 shares in the last quarter. Lcnb Corp raised its holdings in Goldman Sachs Physical Gold ETF by 2.8% in the 3rd quarter. Lcnb Corp now owns 10,539 shares of the company’s stock worth $402,000 after purchasing an additional 287 shares during the period. Cerity Partners LLC increased its position in Goldman Sachs Physical Gold ETF by 0.3% in the second quarter. Cerity Partners LLC now owns 113,484 shares of the company’s stock worth $3,709,000 after buying an additional 348 shares in the last quarter. Grey Ledge Advisors LLC grew its stake in shares of Goldman Sachs Physical Gold ETF by 1.9% during the 3rd quarter. Grey Ledge Advisors LLC now owns 20,114 shares of the company’s stock valued at $767,000 after acquiring an additional 370 shares during the period. Finally, SLT Holdings LLC boosted its position in shares of Goldman Sachs Physical Gold ETF by 2.6% in the third quarter. SLT Holdings LLC now owns 15,663 shares of the company’s stock worth $597,000 after purchasing an additional 400 shares during the period.
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 vaults located in the UK. AAAU was launched on Jul 26, 2018 and is issued by Goldman Sachs.