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Sprott Physical Gold Trust Units ( (PHYS) ) has provided an announcement.
On June 30, 2025, Sprott Physical Gold Trust reported significant financial growth, with unrealized gains on gold bullion reaching $2,255.9 million for the first half of the year, compared to $767.7 million in the same period of 2024. The Trust issued over 48 million units through its ATM Program, raising $1,161.3 million in gross proceeds, and saw its net assets increase to $11,962.9 million. The Trust’s performance closely mirrored the spot gold return, reflecting its strategy of long-term gold holdings. The Trust’s units closed at $25.35 on the NYSE Arca, up from $20.14 at the end of 2024, with operating expenses remaining stable.
More about Sprott Physical Gold Trust Units
Sprott Physical Gold Trust is a closed-end mutual fund trust based in Ontario, Canada, managed by Sprott Asset Management LP. The Trust primarily invests in physical gold bullion, providing investors with a secure and exchange-traded alternative to direct gold investment. Its units are traded on the NYSE Arca and the Toronto Stock Exchange.
Average Trading Volume: 2,427,882
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