Goldman Sachs Physical Gold ETF (CBOE:AAAU – Get Free Report)’s share price was down 1.1% during mid-day trading on Tuesday . The company traded as low as $27.00 and last traded at $27.11. Approximately 1,032,312 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 1,390,052 shares. The stock had previously closed at $27.40.
Goldman Sachs Physical Gold ETF Price Performance
The business’s 50-day moving average is $26.30 and its 200 day moving average is $25.70.
About Goldman Sachs Physical Gold ETF
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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