Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) Reaches New 52-Week High – Still a Buy?

Shares of Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) reached a new 52-week high on Monday . The stock traded as high as $50.24 and last traded at $50.20, with a volume of 420737 shares traded. The stock had previously closed at $49.13.

Trending Headlines about Goldman Sachs Physical Gold ETF

Here are the key news stories impacting Goldman Sachs Physical Gold ETF this week:

• Positive Sentiment: Record gold rally — gold has surged above $5,000–$5,100/oz on safe-haven buying, underpinning demand for physical-gold ETFs like AAAU. Gold races to $5,100 record peak on safe-haven demand
• Positive Sentiment: Institutional accumulation — Tether disclosed ~27 metric tons of gold purchases in Q4, signaling continued large-scale private/institutional demand that can support bullion ETF flows. Tether says it bought 27 tons of gold in fourth quarter
• Positive Sentiment: Upside analyst views — major houses and analysts (e.g., SocGen) are forecasting much higher gold targets (toward $6,000/oz), which boosts investor conviction in bullion exposures. Gold is headed to $6,000 this year and that is a ‘conservative estimate’ – SocGen
• Positive Sentiment: Central-bank & retail support — reports highlight ongoing central-bank buying and retail/ETF inflows that add structural demand for physical gold and related ETFs. Gold has more room to run as geopolitics, cenbank buying fuel gains, analysts say
• Neutral Sentiment: Macro drivers — a softer U.S. dollar and risk-off headlines are key drivers of gold’s move; these factors can persist but are sensitive to upcoming Fed decisions. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Gains 10% As Historic Rally Continues
• Neutral Sentiment: Political/sovereign issues — calls to repatriate national gold holdings and geopolitical flashpoints add narrative support but are longer-term/policy-driven rather than immediate ETF catalysts. ‘Our gold is no longer safe in the Fed’s vaults’ – German lawmakers and economists renew calls to repatriate sovereign gold
• Negative Sentiment: Correction risk — several market notes warn the rally has become parabolic and near-term corrections are possible, which could create volatility and short-term outflows from ETFs. Gold News: XAU Breakout Above $5000 Driven by Geopolitical Chaos & Weak Dollar

Goldman Sachs Physical Gold ETF Trading Up 1.3%

The firm’s 50-day moving average price is $43.13 and its 200 day moving average price is $38.75.

Institutional Investors Weigh In On Goldman Sachs Physical Gold ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quadrature Capital Ltd bought a new position in shares of Goldman Sachs Physical Gold ETF during the 2nd quarter worth about $30,082,000. Proficio Capital Partners LLC increased its position in Goldman Sachs Physical Gold ETF by 24.8% in the 3rd quarter. Proficio Capital Partners LLC now owns 854,085 shares of the company’s stock valued at $32,558,000 after buying an additional 169,905 shares in the last quarter. NEOS Investment Management LLC raised its stake in Goldman Sachs Physical Gold ETF by 652.3% during the 3rd quarter. NEOS Investment Management LLC now owns 787,415 shares of the company’s stock worth $30,016,000 after buying an additional 682,749 shares during the period. Exchange Traded Concepts LLC boosted its holdings in Goldman Sachs Physical Gold ETF by 45.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 747,358 shares of the company’s stock worth $31,800,000 after acquiring an additional 234,778 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in Goldman Sachs Physical Gold ETF by 7.8% in the third quarter. Raymond James Financial Inc. now owns 729,373 shares of the company’s stock valued at $27,804,000 after acquiring an additional 52,873 shares during the period.

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 vaults located in the UK. AAAU was launched on Jul 26, 2018 and is issued by Goldman Sachs.