Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) Sets New 12-Month High – Should You Buy?

Goldman Sachs Physical Gold ETF (NYSEARCA:AAAU) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $46.88 and last traded at $46.75, with a volume of 652461 shares trading hands. The stock had previously closed at $45.22.

Key Headlines Impacting Goldman Sachs Physical Gold ETF

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

• Positive Sentiment: Broad safe‑haven rush into gold after tariff threats and trade‑war fears pushed spot gold to fresh record highs, lifting demand for physical gold ETFs like AAAU. Gold (XAUUSD) Price Forecast: Record Gold Rally Targets $5,000 on Trump Tariff Fears
• Positive Sentiment: “Sell America” flows and investors fleeing U.S. assets (dollar and Treasuries) have rotated into gold, supporting higher bullion prices and ETF inflows. ‘This is sell America’ — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets
• Positive Sentiment: Technical momentum and bullish forecasts (analysts and strategists discussing $5,000 gold) are attracting momentum traders and allocators into bullion exposure, which benefits AAAU. The odds of gold going to $5,000 just keep getting better and better – State Street’s Aakash Doshi
• Neutral Sentiment: Silver’s sharp advance and broader precious‑metals strength add general bullish sentiment for physical metals, which can be supportive for metal-backed ETFs though effects vary by metal. Why is Silver Going Up So Much? Silver Outpaces Gold as Macro Tailwinds Build
• Neutral Sentiment: Company‑level mining exploration updates (e.g., Pinnacle Silver & Gold sampling) lift miner equities but have limited direct impact on a physical gold ETF like AAAU. Pinnacle Silver and Gold confirms high-grade gold-silver mineralization at El Potrero
• Negative Sentiment: Profit‑taking and short‑term technical corrections are possible after rapid gains; some analysts note intraday pullbacks even as the secular trend remains higher—this can increase ETF volatility. Gold Edges Lower on Likely Technical Correction
• Negative Sentiment: Analyst downgrades in some gold miners and warnings about cost/royalty pressures highlight sector‑specific risks; while miners differ from physical ETFs, weaker miner sentiment can feed broader metal volatility. Leading bank downgrades Hochschild and flags downside risks as Q4 looms for gold miners

Goldman Sachs Physical Gold ETF Price Performance

The stock’s 50-day moving average is $42.56 and its 200 day moving average is $38.32.

Institutional Investors Weigh In On Goldman Sachs Physical Gold ETF

Several large investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new stake in Goldman Sachs Physical Gold ETF in the 3rd quarter valued at $34,000. Anfield Capital Management LLC acquired a new position in Goldman Sachs Physical Gold ETF in the third quarter valued at $36,000. Larson Financial Group LLC purchased a new stake in shares of Goldman Sachs Physical Gold ETF in the third quarter valued at about $38,000. Beacon Capital Management Inc. acquired a new stake in shares of Goldman Sachs Physical Gold ETF during the second quarter worth about $43,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Goldman Sachs Physical Gold ETF during the second quarter worth about $67,000.

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.