| The categorization of the Trust’s assets is as shown below: |
The categorization of the Trust’s assets is as shown below:
(Amounts
in 000’s of US$) | |
December
31, 2025 | | |
December
31, 2024 | |
Level
1 Investment
in gold | |
$ | 7,333,647 | | |
$ | 3,756,668 | |
|
| Changes in ounces of gold and their respective values for the years ended December 31, 2025 and 2024 are set out below: |
Changes
in ounces of gold and their respective values for the years ended December 31, 2025 and 2024 are set out below:
| | |
Year Ended December
31, 2025 | | |
Year Ended December
31, 2024 | |
| (Amounts in 000’s of US$, except for ounces data) | |
| | | |
| | |
| Ounces of gold | |
| | | |
| | |
| Opening balance | |
| 1,438,867.8 | | |
| 1,360,020.7 | |
| Creations | |
| 383,467.5 | | |
| 168,136.1 | |
| Redemptions | |
| (117,346.5 | ) | |
| (86,966.1 | ) |
| Transfers of gold to pay expenses | |
| (2,636.9 | ) | |
| (2,322.9 | ) |
| Closing balance | |
| 1,702,351.9 | | |
| 1,438,867.8 | |
| | |
| | | |
| | |
Investment in gold | |
| | | |
| | |
| Opening balance | |
$ | 3,756,668 | | |
$ | 2,826,667 | |
| Creations | |
| 1,302,653 | | |
| 416,212 | |
| Redemptions | |
| (379,875 | ) | |
| (196,989 | ) |
| Realized gain on gold distributed for the redemption of Shares | |
| 161,708 | | |
| 53,307 | |
| Transfers of gold to pay expenses | |
| (8,746 | ) | |
| (5,457 | ) |
| Realized gain on gold transferred to pay expenses | |
| 3,756 | | |
| 1,604 | |
| Change in unrealized gain on investment in gold | |
| 2,497,483 | | |
| 661,324 | |
| Closing balance | |
$ | 7,333,647 | | |
$ | 3,756,668 | |
|