Goldman Sachs Physical Gold ETF (CBOE:AAAU) Trading Down 0.5% – Should You Sell?

Goldman Sachs Physical Gold ETF (CBOE:AAAUGet Free Report)’s share price fell 0.5% during trading on Friday . The stock traded as low as $32.98 and last traded at $33.15. 2,817,036 shares changed hands during mid-day trading, an increase of 103% from the average session volume of 1,390,052 shares. The stock had previously closed at $33.33.

Goldman Sachs Physical Gold ETF Stock Down 1.3%

The firm has a 50 day moving average price of $32.16 and a 200 day moving average price of $29.16.

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.

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