GraniteShares Gold Trust (NYSEARCA:BAR) Sets New 1-Year High – Time to Buy?
by Danessa Lincoln · The Markets DailyGraniteShares Gold Trust (NYSEARCA:BAR – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $45.43 and last traded at $45.4750, with a volume of 88388 shares. The stock had previously closed at $44.42.
Trending Headlines about GraniteShares Gold Trust
Here are the key news stories impacting GraniteShares Gold Trust this week:
- Positive Sentiment: Criminal probe into Fed Chair Jerome Powell has raised concerns about U.S. central-bank independence, boosting safe-haven demand for gold and supporting ETF flows into products like BAR. Gold hits new highs above $4,600 as Trump’s DoJ threatens Federal Reserve monetary policy independence
- Positive Sentiment: Multiple outlets report gold hitting fresh record highs after the Powell probe and other shocks; higher bullion prices increase the appeal of BAR as a direct play on gold. Gold Breaks Through $4,600 on Fed Concerns, Haven Boost
- Positive Sentiment: Geopolitical flashpoints (Iran protests, Venezuela, and broader investor fear after comments about Greenland) are reviving demand for safe havens, supporting gold and ETF flows. Trump Greenland threat triggers search for shelter beyond gold, defence
- Positive Sentiment: Technical factors — including power-price rallies and trader interest — are cited as pushing gold to record levels, which tends to lift gold trusts like BAR as investors seek exposure. Power price rallies push gold, silver to record highs on safe-haven demand
- Neutral Sentiment: Market commentary and price forecasts point to CPI data and Fed rate-cut odds as the next catalysts; these macro releases could reinforce or reverse current gold momentum depending on outcomes. Gold (XAUUSD) Price Forecast: Gold Analysis Turns to CPI as Safe-Haven Demand Builds
- Negative Sentiment: Trading volume in BAR is below the fund’s average, which could mean the move is less liquid and may lack conviction if volume does not pick up; rising to near 52-week highs also raises short-term profit-taking risk. GraniteShares Gold Trust stock profile
GraniteShares Gold Trust Stock Performance
The business’s 50-day moving average is $41.80 and its two-hundred day moving average is $37.74.
Institutional Investors Weigh In On GraniteShares Gold Trust
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Inspirion Wealth Advisors LLC lifted its position in GraniteShares Gold Trust by 15.0% during the fourth quarter. Inspirion Wealth Advisors LLC now owns 40,445 shares of the company’s stock worth $1,719,000 after buying an additional 5,280 shares in the last quarter. Tactive Advisors LLC increased its stake in shares of GraniteShares Gold Trust by 32.5% in the 4th quarter. Tactive Advisors LLC now owns 24,723 shares of the company’s stock worth $1,050,000 after acquiring an additional 6,071 shares during the last quarter. Armstrong Advisory Group Inc. increased its stake in shares of GraniteShares Gold Trust by 7.3% in the 4th quarter. Armstrong Advisory Group Inc. now owns 13,944 shares of the company’s stock worth $592,000 after acquiring an additional 952 shares during the last quarter. Maridea Wealth Management LLC raised its holdings in shares of GraniteShares Gold Trust by 16.7% during the 4th quarter. Maridea Wealth Management LLC now owns 214,922 shares of the company’s stock worth $9,132,000 after acquiring an additional 30,737 shares during the period. Finally, Lake Street Private Wealth LLC boosted its position in shares of GraniteShares Gold Trust by 1.3% during the 4th quarter. Lake Street Private Wealth LLC now owns 406,447 shares of the company’s stock valued at $17,270,000 after acquiring an additional 5,390 shares during the last quarter.
GraniteShares Gold Trust Company Profile
The GraniteShares Gold Trust (BAR) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less trust expenses and liabilities, using physically held gold stored and secured in vaults in London. BAR was launched on Aug 31, 2017 and is managed by GraniteShares.