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home / news releases / AAAU - A Golden Year Ahead In 2020


AAAU - A Golden Year Ahead In 2020

Gold hit rock bottom around the turn of this century when the United Kingdom, in its infinite wisdom, sold half of its reserves of the yellow metal. The sale was more than ironic on many levels. London is the hub of the international gold market, and the Bank of England had been both a regulator and custodian for the world's oldest means of exchange. The UK decided that gold had become nothing more than a barbarous relic from yesteryear when the Chancellor of the Exchequer Gordon Brown decided to sell over 300 tons of gold

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Stock Information

Company Name: Goldman Sachs Physical Gold ETF
Stock Symbol: AAAU
Market: NYSE

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