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Sprott Physical Gold Trust Units ( (PHYS) ) has shared an update.
On May 15, 2025, Sprott Physical Gold Trust released its interim management report and unaudited financial statements for the quarter ending March 31, 2025. During this period, the Trust experienced significant growth, with unrealized gains on gold bullion totaling $1,657.5 million and realized gains of $0.5 million. The Trust issued over 20 million units, raising $476.7 million, and saw its net asset value rise to $10,731.7 million. The Trust’s return was 18.8%, closely aligning with the 19.0% return on spot gold. This growth reflects a strong performance compared to the same period in 2024, indicating a positive impact on the Trust’s operations and market positioning.
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, offering a secure and convenient investment alternative for those interested in holding gold without the typical inconveniences of direct investment.
Average Trading Volume: 3,267,739
See more insights into PHYS stock on TipRanks’ Stock Analysis page.