Sprott Physical Gold Trust (TSE:PHYS.U) Sets New 52-Week High – Should You Buy?

Shares of Sprott Physical Gold Trust (TSE:PHYS.UGet Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as C$23.49 and last traded at C$23.48, with a volume of 2725 shares changing hands. The stock had previously closed at C$23.24.

Sprott Physical Gold Trust Price Performance

The firm has a 50 day moving average price of C$22.01 and a 200 day moving average price of C$20.95.

About Sprott Physical Gold Trust

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Sprott Physical Gold Trust is a closedend mutual fund trust. The Trust provides a secure convenient and exchangetraded investment without the inconvenience associated with a direct investment in physical gold bullion.

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