abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Reaches New 12-Month High – Time to Buy?

abrdn Physical Gold Shares ETF (NYSEARCA:SGOLGet Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as $48.51 and last traded at $48.49, with a volume of 1007366 shares changing hands. The stock had previously closed at $47.47.

Key abrdn Physical Gold Shares ETF News

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

  • Positive Sentiment: Tether’s CEO said the firm plans to allocate 10%–15% of its portfolio to physical gold, which adds a large, incremental source of institutional demand for bullion and ETFs that track physical gold. Tether to allocate up to 15% to gold
  • Positive Sentiment: Spot gold hit all-time highs and momentum studies show bullish breakouts through key resistance levels, underpinning demand for SGOL as a simple physical-gold play. Gold soars to all-time high
  • Positive Sentiment: Portfolio managers and strategists are describing the move as a structural shift in demand (not just short-term speculation), which supports a longer-term case for physical-gold exposure via ETFs. Who’s Really Driving Gold Higher
  • Positive Sentiment: Major banks and research houses have lifted upside targets (some to $6,000+ per oz), which can sustain speculative flows and ETF inflows into physical-gold products. Banks lift upside targets
  • Neutral Sentiment: China’s net gold imports via Hong Kong fell in December but January saw higher premiums and strong retail demand — mixed signals for sustained central-bank vs retail buying. China net gold imports fall 24% in December
  • Neutral Sentiment: Coverage notes a Fed pause and a stronger dollar in parts of the session even as gold records highs — a dynamic that can produce choppy price action for bullion and related ETFs. Gold Breaks Record As Stocks Muddle Through Fed Pause
  • Negative Sentiment: Fed Chair commentary downplaying the rally and asserting Fed credibility may reduce the narrative of policy-induced gold demand, potentially cooling speculative flows. Powell dismisses gold’s rally
  • Negative Sentiment: Several outlets noted technical correction and profit‑taking risks after rapid gains; short-term pullbacks would hit ETF flows and could pressure SGOL. Gold Falls on Likely Technical Correction

abrdn Physical Gold Shares ETF Stock Performance

The firm has a 50-day moving average price of $42.06 and a 200 day moving average price of $37.66.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SGOL. Northeast Financial Group Inc. lifted its holdings in abrdn Physical Gold Shares ETF by 3.3% during the 3rd quarter. Northeast Financial Group Inc. now owns 9,094 shares of the company’s stock worth $335,000 after buying an additional 290 shares in the last quarter. Berkeley Capital Partners LLC grew its stake in abrdn Physical Gold Shares ETF by 2.6% during the 3rd quarter. Berkeley Capital Partners LLC now owns 12,383 shares of the company’s stock worth $456,000 after purchasing 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 purchasing an additional 320 shares in the last quarter. True North Advisors LLC increased its stake in shares of abrdn Physical Gold Shares ETF by 0.4% during the third quarter. True North Advisors LLC now owns 81,712 shares of the company’s stock worth $3,008,000 after buying an additional 347 shares during the period. Finally, Prospera Financial Services Inc increased its stake in shares of abrdn Physical Gold Shares ETF by 3.9% during the third quarter. Prospera Financial Services Inc now owns 9,316 shares of the company’s stock worth $343,000 after buying an additional 347 shares during the period.

About abrdn Physical Gold Shares ETF

(Get Free Report)

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.

Further Reading

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