GraniteShares Gold Trust (NYSEARCA:BAR) Shares Cross Above 50-Day Moving Average – Here’s Why

GraniteShares Gold Trust (NYSEARCA:BAR) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $41.61 and traded as high as $44.02. GraniteShares Gold Trust shares last traded at $43.86, with a volume of 576,739 shares traded.

GraniteShares Gold Trust News Roundup

Here are the key news stories impacting GraniteShares Gold Trust this week:

• Positive Sentiment: Central banks continue to buy gold, supporting longer‑term demand and the bullion price — a tailwind for BAR. Central banks bought 45 tonnes of gold
• Positive Sentiment: Geopolitical tensions (Venezuela, Iran) and recent crises have renewed safe‑haven flows into gold, underpinning price resilience that benefits BAR. Gold Edges Higher Amid Ongoing Geopolitical Tensions
• Positive Sentiment: World Gold Council projects mine output peaking in 2027 and then plateauing, which supports a constructive supply backdrop for gold prices over the medium term. Gold mining output to peak in 2027
• Neutral Sentiment: Technical analysts note that recent pullbacks are holding short‑term support levels, keeping the broader bullish trend intact — a mixed signal until new catalysts appear. Pullback Holds Support, Upside Bias Intact
• Neutral Sentiment: Several house views remain bullish (expecting higher highs over time) but highlight near‑term resistance and range risk as prices approach record levels. Bull Trend Reasserts Toward Record Highs
• Negative Sentiment: Short‑term profit‑taking and caution ahead of U.S. jobs data (NFP), plus firmer ISM/ADP reads, have pressured gold — a direct headwind for BAR today. Spot gold trades near session low after ISM Services PMI rises
• Negative Sentiment: Index rebalancing (Bloomberg Commodity Index) scheduled in mid‑January could force mechanical selling of precious metals, creating a near‑term downside risk for BAR. Gold and silver face January headwind as index rebalancing looms
• Negative Sentiment: Broad profit‑taking across gold and silver, plus some bearish technicals in silver, is spooking traders and weighing on the sector today. Gold, silver down; bearish chart pattern in silver spooks bulls

GraniteShares Gold Trust Stock Performance

The stock has a 50 day simple moving average of $41.61 and a 200 day simple moving average of $37.55.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BAR. HBW Advisory Services LLC grew its stake in GraniteShares Gold Trust by 31.3% during the second quarter. HBW Advisory Services LLC now owns 9,034 shares of the company’s stock worth $295,000 after buying an additional 2,156 shares in the last quarter. Reyes Financial Architecture Inc. bought a new stake in shares of GraniteShares Gold Trust during the 2nd quarter worth approximately $347,000. Inspirion Wealth Advisors LLC boosted its position in shares of GraniteShares Gold Trust by 13.4% during the 2nd quarter. Inspirion Wealth Advisors LLC now owns 45,365 shares of the company’s stock worth $1,481,000 after acquiring an additional 5,350 shares in the last quarter. Capital Advisory Group Advisory Services LLC boosted its position in shares of GraniteShares Gold Trust by 4.3% during the 2nd quarter. Capital Advisory Group Advisory Services LLC now owns 77,820 shares of the company’s stock worth $2,540,000 after acquiring an additional 3,214 shares in the last quarter. Finally, Brendel Financial Advisors LLC increased its stake in GraniteShares Gold Trust by 1.0% in the second quarter. Brendel Financial Advisors LLC now owns 151,280 shares of the company’s stock valued at $4,938,000 after acquiring an additional 1,555 shares during the last quarter.

About GraniteShares Gold Trust

The GraniteShares Gold Trust (BAR) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less trust expenses and liabilities, using physically held gold stored and secured in vaults in London. BAR was launched on Aug 31, 2017 and is managed by GraniteShares.