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Goldman Sachs Physical Gold (AAAU) Current share price: $23.54. YTD return as of May ... as with other gold ETFs. While it holds physical gold, it doesn’t offer the exchange feature that OUNZ ...
The fund invests in physical gold, and its performance is highly correlated to gold spot prices. 2024 YTD performance: 23.6 percent Five-year annual return: 10.8 percent
It’s a good time to be a gold bug. At the beginning of 2024, gold was trading at around $2,043 per ounce. At the end of last week it was a little higher than $2,330, marking a gain of more than 10%.
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Alternatively, ETFs provide a more straightforward approach to investing in gold. ETFs track the performance of gold by holding physical gold or gold futures contracts, offering investors a ...
The price of gold has surged more than 32% this year.