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home / news releases / AAAU - The Essence Of Gold Supply And Demand Dynamics


AAAU - The Essence Of Gold Supply And Demand Dynamics

Gold trades more like a currency than a commodity.

To understand the price of gold, first, one needs to understand the true nature of its supply and demand dynamics. Because gold is immutable and has been used as money and a store of value for thousands of years, virtually nothing ever mined has been lost. There are vast above-ground stocks of gold, and mine production only adds 1.6% to these stocks annually. Accordingly, gold has a very high stock to flow ratio, and thus trades more like a currency than a commodity. This is

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Stock Information

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

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