abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 19,387,703 shares traded hands during trading, an increase of 196% from the previous session’s volume of 6,539,530 shares.The stock last traded at $49.21 and had previously closed at $51.24.
More abrdn Physical Gold Shares ETF News
Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:
- Positive Sentiment: Market commentators and some analysts call the sell-off a healthy correction and say the broader uptrend in precious metals remains intact. Don’t panic: Analysts see gold and silver’s sell-off as a healthy correction
- Positive Sentiment: Citi expects gold to remain supported by overlapping geopolitical and economic risks, which suggests demand for gold-backed ETFs like SGOL could re-emerge even if some risk premia fade later in 2026. Citi sees gold supported by risks, with some fading expected later in 2026
- Neutral Sentiment: Technical analysts note the pullback hit a near‑perfect 50% retracement in recent sessions — this could be either a buying opportunity or a signal of a short‑term top depending on follow‑through. Gold News: Did Volatile, but Orderly 50% Correction Just Set Up Buy or Signal Top?
- Neutral Sentiment: Intraday price guides and volatility commentary point to choppy trading; active traders may find defined entry/stop levels while longer-term investors focus on fundamentals. Gold market analysis for January 30 – key intra-day price entry levels for active traders
- Negative Sentiment: President Trump’s nomination of Kevin Warsh as Fed chair reduced near‑term fears about aggressive policy divergence, prompting traders to unwind speculative long positions in gold and triggering a sharp drop. Gold and Silver Prices Plunge from Record Highs—What Investors Need to Know
- Negative Sentiment: Profit‑taking after an “explosive” January rally and overbought conditions made a sharp sell‑off inevitable, increasing short‑term downside risk for gold ETFs. Gold, silver selloff was inevitable after January’s explosive rally, but broader trend remains intact
- Negative Sentiment: Wide intraday swings and exceptionally high volume — including in SGOL — signal forced liquidations and elevate short-term volatility for ETF holders. Gold Weekly Price Analysis – Gold Gives Back Much of the Gains for the Week
abrdn Physical Gold Shares ETF Stock Performance
The firm has a 50 day simple moving average of $42.71 and a 200-day simple moving average of $37.95.
Institutional Investors Weigh In On abrdn Physical Gold Shares ETF
abrdn Physical Gold Shares ETF Company Profile
The abrdn Physical Gold Shares ETF (SGOL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund seeks to track the spot price for gold, less trust expenses holding costs, holding physical gold bars. SGOL was launched on Sep 9, 2009 and is managed by Abrdn.
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