abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Hits New 52-Week High – Time to Buy?

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

abrdn Physical Gold Shares ETF News Summary

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

• Positive Sentiment: Gold’s long‑term outlook was marked up by Goldman Sachs, which raised its 2026 gold price target to $5,400/oz — a major institutional signal that supports demand for physically backed gold ETFs like SGOL. Goldman Sachs raises 2026 gold price target to $5,400/oz as private sector joins central bank diversification strategy
• Positive Sentiment: Technical breakout momentum: gold pushed to fresh highs after breaking key resistance, with analysts pointing to further upside toward the next resistance zone near $5,000 — a bullish technical backdrop that attracts trend‑following flows into SGOL. Gold (XAU/USD) Price Forecast: Breakout Targets Next Resistance Zone
• Positive Sentiment: Geopolitical safe‑haven buying (tensions around Greenland/related headlines) and renewed investor FOMO helped gold hit record levels, supporting net inflows into gold ETFs such as SGOL. Gold breaks new record on Greenland tariff threats, with forecast of $7,000 on the cards
• Positive Sentiment: ETF/retail momentum: coverage notes that gold ETFs are still breaking records after a strong 2025, reinforcing demand dynamics that benefit SGOL’s flows and NAV. Gold ETF Still Breaking Records After Capping Best Year Ever
• Neutral Sentiment: Inflation remains sticky, and gold is holding support above $4,800 — a macro backdrop that can be supportive for gold over time but also keeps markets sensitive to Fed expectations and rate‑related volatility. Inflation remains sticky but gold prices hold support above $4,800
• Neutral Sentiment: Intraday/technical commentary points to possible short‑term pullbacks even as the trend is up — increased trader activity can amplify volatility in SGOL without changing the longer‑term thesis. Gold market analysis for January 22 – key intra-day price entry levels for active traders
• Negative Sentiment: Risk‑on moves and easing geopolitical tensions or stronger U.S. growth can trim safe‑haven demand; recent headlines showing gold off session highs after U.S. GDP/lull in tensions illustrate the risk of short‑term pullbacks in SGOL. Gold Falls Amid Easing U.S.-Europe Tensions Over Greenland

abrdn Physical Gold Shares ETF Trading Up 1.9%

The firm’s fifty day moving average is $41.34 and its 200 day moving average is $37.16.

Institutional Trading of abrdn Physical Gold Shares ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Metis Global Partners LLC lifted its position in shares of abrdn Physical Gold Shares ETF by 26.7% in the third quarter. Metis Global Partners LLC now owns 6,808,591 shares of the company’s stock worth $250,624,000 after buying an additional 1,434,787 shares during the last quarter. Quadrature Capital Ltd grew its holdings in abrdn Physical Gold Shares ETF by 145.2% during the second quarter. Quadrature Capital Ltd now owns 1,216,015 shares of the company’s stock valued at $38,359,000 after purchasing an additional 720,140 shares during the last quarter. E Fund Management Co. Ltd. lifted its stake in shares of abrdn Physical Gold Shares ETF by 530.3% in the second quarter. E Fund Management Co. Ltd. now owns 753,291 shares of the company’s stock worth $23,759,000 after buying an additional 633,786 shares during the last quarter. MAI Capital Management boosted its holdings in shares of abrdn Physical Gold Shares ETF by 1,277.1% during the 3rd quarter. MAI Capital Management now owns 551,574 shares of the company’s stock worth $20,303,000 after buying an additional 511,522 shares during the period. Finally, Global View Capital Management LLC raised its holdings in abrdn Physical Gold Shares ETF by 705.1% in the 3rd quarter. Global View Capital Management LLC now owns 492,681 shares of the company’s stock worth $18,136,000 after acquiring an additional 431,489 shares during the period.

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.