abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Reaches New 1-Year High – What’s Next?

abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $45.27 and last traded at $45.15, with a volume of 1114982 shares trading hands. The stock had previously closed at $43.67.

Key abrdn Physical Gold Shares ETF News

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

• Positive Sentiment: Record gold rally driven by Trump tariff fears and safe-haven buying; analysts and forecasters are talking about a push toward $5,000/oz, underpinning demand for physically backed gold products like SGOL. Gold (XAUUSD) Price Forecast: Record Gold Rally Targets $5,000 on Trump Tariff Fears
• Positive Sentiment: “Sell America” flows: reports of investors rotating out of U.S. dollar and Treasuries into gold amid geopolitical/trade worries are boosting spot gold — a direct positive for SGOL’s NAV. ‘This is sell America’ — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets
• Positive Sentiment: Multiple market reports note record highs and strong year-to-date gains for gold as risk aversion intensifies — broad media coverage can attract more inflows into gold ETFs. Strong price gains, record highs in gold, silver on risk aversion
• Neutral Sentiment: Technical/intraday trade commentary highlights key entry levels for traders — useful for short-term momentum strategies but not a direct fundamental change for SGOL. Gold market analysis for January 20 – key intra-day price entry levels for active traders
• Neutral Sentiment: Mining-sector news (e.g., new high-grade finds at smaller miners) is boosting miner stocks but has limited direct impact on a physical-gold ETF like SGOL. Pinnacle Silver and Gold confirms high-grade gold-silver mineralization at El Potrero
• Negative Sentiment: Analysts caution that a near-term technical correction could pull gold prices back from record highs — a short-term risk for SGOL’s gains. Gold Edges Lower on Likely Technical Correction

abrdn Physical Gold Shares ETF Stock Up 3.5%

The business’s 50 day simple moving average is $41.10 and its two-hundred day simple moving average is $37.01.

Hedge Funds Weigh In On abrdn Physical Gold Shares ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Northeast Financial Group Inc. raised its stake in shares of abrdn Physical Gold Shares ETF by 3.3% in the third quarter. Northeast Financial Group Inc. now owns 9,094 shares of the company’s stock worth $335,000 after purchasing an additional 290 shares during the last quarter. Berkeley Capital Partners LLC grew its holdings in abrdn Physical Gold Shares ETF by 2.6% during the third quarter. Berkeley Capital Partners LLC now owns 12,383 shares of the company’s stock worth $456,000 after buying an additional 314 shares in the last quarter. Lido Advisors LLC raised its position in abrdn Physical Gold Shares ETF by 1.8% in the 2nd quarter. Lido Advisors LLC now owns 17,742 shares of the company’s stock valued at $560,000 after buying an additional 320 shares during the last quarter. True North Advisors LLC lifted its stake in abrdn Physical Gold Shares ETF by 0.4% during the 3rd quarter. True North Advisors LLC now owns 81,712 shares of the company’s stock valued at $3,008,000 after acquiring an additional 347 shares in the last quarter. Finally, Prospera Financial Services Inc lifted its stake in abrdn Physical Gold Shares ETF by 3.9% during the 3rd quarter. Prospera Financial Services Inc now owns 9,316 shares of the company’s stock valued at $343,000 after acquiring an additional 347 shares in the last quarter.

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.