Free Trial

abrdn Physical Gold Shares ETF (SGOL) News Today

abrdn Physical Gold Shares ETF logo
$31.53 -0.54 (-1.68%)
As of 05/27/2025 04:10 PM Eastern

Why is abrdn Physical Gold Shares ETF Down Today?

abrdn Physical Gold Shares ETF (SGOL) tracks the price of physical gold and today experienced a pullback alongside broader gold markets. The recent dip reflects improved risk appetite, a firmer U.S. dollar and upbeat U.S. data, even as long-term forecasts and demand trends remain supportive.

  • Citi projects gold could climb to $3,500/oz within three months, underpinning long-term ETF demand
  • Bank of America forecasts gold at $4,000/oz by year-end amid renewed global turmoil
  • China’s gold imports via Hong Kong nearly tripled to 43.5 tonnes in April as premiums rose
  • Geopolitical tensions and U.S. sanctions are driving global powers toward gold-backed alternatives
  • Ultra-wealthy investors are moving gold holdings to Singapore in response to mounting global risks
  • Technical studies show gold grinding between $3,300–3,310, with traders eyeing key support and resistance levels
  • Gold miners are largely eschewing hedging, signaling confidence in sustained high prices
  • Various intraday analyses highlight mixed momentum as markets await fresh catalysts
  • Spot gold dipped below $3,290/oz as U.S. consumer confidence and durable‐goods orders beat expectations
  • A stronger dollar and improved investor risk appetite have pressured gold in the short term
Posted 9h agoAI Generated. May Contain Errors.

SGOL Latest News

US Global Investors' Gold ETF joins Colombia Exchange - ICYMI
Get abrdn Physical Gold Shares ETF News Delivered to You Automatically

Sign up to receive the latest news and ratings for SGOL and its competitors with MarketBeat's FREE daily newsletter.

SGOL Media Mentions By Week

SGOL Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

SGOL
News Sentiment

0.37

1.39

Average

News Sentiment

SGOL News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

SGOL Articles
This Week

16

5

SGOL Articles
Average Week

Get abrdn Physical Gold Shares ETF News Delivered to You Automatically

Sign up to receive the latest news and ratings for SGOL and its competitors with MarketBeat's FREE daily newsletter.


Related Companies and Tools


This page (NYSEARCA:SGOL) was last updated on 5/28/2025 by MarketBeat.com Staff
From Our Partners