Goldman Sachs Physical Gold ETF (AAAU)
|Day's Range||17.53 - 17.78|
|Inception Date||Jul 26, 2018|
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.
(Kitco News) - Gold could be the top commodity performer in 2023 as central banks shift to easing after their aggressive tightening cycles that defined this year and limited gold's price action, said Bl...
(Kitco News) - The gold market continues to struggle to attract solid bullish sentiment as hedge funds liquidated their bullish bets just ahead of its breakout move last week, according to the latest da...
(Kitco News) - The gold market has struggled to attract investment capital through most of 2022, but growing uncertainty into 2023 should make the precious metal an attractive safe-haven asset and store...
Gold futures fell on Monday to finish below the $1,800 mark as better-than-expected, separate readings on the U.S. services sector and wage growth helped strengthen the dollar and Treasury yields. The u...
(Kitco News) - Gold and silver prices are sharply lower in midday U.S. trading Monday after hitting multi-month highs overnight. The metals are being hit by heavy profit taking from the shorter-term fut...
(Kitco News) - The gold market is losing ground, pushing further below $1,800 an ounce as the U.S. service sector sees stronger-than-expected activity in November, according to the from Institute for Su...
Gold prices briefly touched a 4-month high on Monday as the U.S. dollar remained near a five month low against major currencies, but worries about hotter-than-expected wage growth reported in Friday's U...
Gold Price Forecast XAU/USD – Vulnerable to Correction Ahead of CPI Report, Fed's Rate Hike Decision
Friday's strong NFP report may have rattled investors by creating uncertainty ahead of the Dec. 13 release of the U.S. CPI report.
(Kitco News) - It has been an exciting week for gold and silver as prices rally to multi-month highs. Silver is ending the week with solid gains above $23 an ounce, and gold is holding the line at $1,80...
(Kitco News) - Growing expectations that the Federal Reserve will slow the pace of rate hikes are creating new momentum in the gold market as prices ended the week above $1,800 an ounce.
Gold futures declined on Friday, but held onto a more than 3% gain for the week. Gold prices dipped Friday after a “shockingly hot [U.S.] nonfarm payroll report brought back the dollar to life,” said Ed...
(Kitco News) - A strong start to December as prices end the week above $1,800 and near their highest level in more than three months is creating significant bullish sentiment in the marketplace; however...
Gold logged in the biggest monthly gain since July 2020 and the first monthly gain since March buoyed by signs of cooling inflation and the Fed's dovish comments.
(Kitco News) - The gold market has started December on a strong note with prices hitting their highest level since mid-August as prices push above $1,800 an ounce.
(Kitco News) - Gold and silver prices are solidly lower in early U.S. trading Friday, in the immediate aftermath of a stronger-than-expected U.S. jobs report that also had some higher inflation implicat...
(Kitco News) - The gold market is trying to hold on to support at $1,800 an ounce as traders react to significant strength in the U.S. labor market, continuing to defy expectations of an impending slowd...
Gold futures on Friday morning were edging lower ahead of the monthly report on the state of the U.S. labor market, a day after gold posted the largest one-day gain in more than two years.
Gold Price Forecast XAU/USD – Weak Jobs Data Will Support Expectations of Moderation in Fed Rate Hikes
Slower than expected jobs growth combined with an uptick in the unemployment rate should support gold and could spike prices higher.