Goldman Sachs Physical Gold ETF (AAAU) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in New York City, NY, United States.
AAAU has IPO date of 2018-08-15, listed on the Chicago Board Option, a market capitalization of $2.87B.
Goldman Sachs Physical Gold ETF is an investment trust that holds London Bars and other physical gold bullion without numismatic value. The fund operates through a creation and redemption mechanism, whereby authorized participants may deposit gold to create new shares or redeem shares in exchange for physical gold delivery. This structure provides investors with direct exposure to physical gold while maintaining liquidity through exchange-traded fund mechanics.
