Sprott Physical Gold Trust Net Asset Value Reaches $10 Billion
Sprott Physical Gold Trust (NYSE Arca/TSX: PHYS) has achieved a significant milestone as its net asset value (NAV) exceeded US$10 billion. The Trust, launched in 2010, currently holds 3.4 million ounces of gold on behalf of its unitholders as of March 13, 2025.
PHYS provides investors with a secure and exchange-traded alternative for holding physical gold bullion without direct ownership complications. The Trust's gold holdings are fully allocated and redeemable by investors, subject to minimum holding requirements. According to Sprott executives, gold prices have reached new records in 2025, primarily driven by global central bank purchases, with expectations of accelerated growth and increased investor participation.
Sprott Physical Gold Trust (NYSE Arca/TSX: PHYS) ha raggiunto un traguardo significativo poiché il suo valore patrimoniale netto (NAV) ha superato 10 miliardi di dollari USA. Il Trust, lanciato nel 2010, detiene attualmente 3,4 milioni di once d'oro per conto dei suoi unitholders a partire dal 13 marzo 2025.
PHYS offre agli investitori un'alternativa sicura e negoziabile per detenere lingotti d'oro fisico senza le complicazioni della proprietà diretta. Le riserve d'oro del Trust sono completamente allocate e riscattabili dagli investitori, soggette a requisiti minimi di detenzione. Secondo i dirigenti di Sprott, i prezzi dell'oro hanno raggiunto nuovi record nel 2025, principalmente spinti dagli acquisti delle banche centrali globali, con aspettative di crescita accelerata e maggiore partecipazione degli investitori.
Sprott Physical Gold Trust (NYSE Arca/TSX: PHYS) ha alcanzado un hito significativo, ya que su valor neto de activos (NAV) superó los 10 mil millones de dólares estadounidenses. El Trust, lanzado en 2010, actualmente posee 3.4 millones de onzas de oro en nombre de sus unitholders a partir del 13 de marzo de 2025.
PHYS proporciona a los inversores una alternativa segura y negociable para poseer lingotes de oro físico sin las complicaciones de la propiedad directa. Las reservas de oro del Trust están completamente asignadas y son canjeables por los inversores, sujetas a requisitos mínimos de tenencia. Según los ejecutivos de Sprott, los precios del oro han alcanzado nuevos récords en 2025, impulsados principalmente por las compras de los bancos centrales globales, con expectativas de un crecimiento acelerado y una mayor participación de los inversores.
Sprott Physical Gold Trust (NYSE Arca/TSX: PHYS)는 순자산 가치(NAV)가 100억 달러를 초과하면서 중요한 이정표를 달성했습니다. 2010년에 출범한 이 신탁은 2025년 3월 13일 현재 340만 온스의 금을 유니트 보유자를 대신해 보유하고 있습니다.
PHYS는 투자자들에게 직접 소유의 복잡함 없이 물리적 금괴를 보유할 수 있는 안전하고 거래 가능한 대안을 제공합니다. 신탁의 금 보유량은 완전히 할당되어 있으며, 최소 보유 요건에 따라 투자자들이 환매할 수 있습니다. Sprott의 경영진에 따르면, 금 가격은 2025년에 새로운 기록을 세웠으며, 이는 주로 글로벌 중앙은행의 구매에 의해 촉발되었고, 가속화된 성장과 투자자 참여의 증가가 기대되고 있습니다.
Sprott Physical Gold Trust (NYSE Arca/TSX: PHYS) a atteint une étape significative, car sa valeur nette d'actifs (NAV) a dépassé 10 milliards de dollars américains. Le Trust, lancé en 2010, détient actuellement 3,4 millions d'onces d'or au nom de ses unitholders à partir du 13 mars 2025.
PHYS offre aux investisseurs une alternative sécurisée et négociable pour détenir des lingots d'or physiques sans les complications de la propriété directe. Les réserves d'or du Trust sont entièrement allouées et rachetables par les investisseurs, sous réserve de conditions minimales de détention. Selon les dirigeants de Sprott, les prix de l'or ont atteint de nouveaux sommets en 2025, principalement en raison des achats des banques centrales mondiales, avec des attentes de croissance accélérée et une participation accrue des investisseurs.
Sprott Physical Gold Trust (NYSE Arca/TSX: PHYS) hat einen bedeutenden Meilenstein erreicht, da der Nettowert der Vermögenswerte (NAV) 10 Milliarden US-Dollar überschreitet. Der Trust, der 2010 ins Leben gerufen wurde, hält derzeit 3,4 Millionen Unzen Gold im Namen seiner Unitholder ab dem 13. März 2025.
PHYS bietet Investoren eine sichere und börsengehandelte Alternative zum Halten von physischem Goldbarren, ohne die Komplikationen des direkten Eigentums. Die Goldbestände des Trusts sind vollständig zugewiesen und von den Investoren einlösbar, vorbehaltlich der Mindesthaltedauer. Laut den Führungskräften von Sprott haben die Goldpreise im Jahr 2025 neue Rekorde erreicht, hauptsächlich angetrieben durch Käufe der globalen Zentralbanken, mit Erwartungen an beschleunigtes Wachstum und eine erhöhte Investorenbeteiligung.
- NAV surpassed significant milestone of US$10 billion
- Trust holds substantial 3.4 million ounces of gold
- Gold prices reaching new record highs in 2025
- Strong central bank buying activity supporting gold prices
- None.
TORONTO, March 17, 2025 (GLOBE NEWSWIRE) -- Sprott Inc. (NYSE/TSX: SII) (“Sprott”) on behalf of the Sprott Physical Gold Trust (NYSE Arca/TSX: PHYS) (“PHYS” or “the Trust) today announced that PHYS’s net asset value (“NAV”) has surpassed US
“We would like to thank our unitholders for their trust and support in helping the Sprott Physical Gold Trust reach this significant milestone,” said John Ciampaglia, Chief Executive Officer of Sprott Asset Management. “Since its launch in 2010, the Sprott Physical Gold Trust has provided investors with a secure and convenient way to own physical gold. In today’s uncertain world, the importance of fully-allocated, segregated physical gold has never been more clear,” added Mr. Ciampaglia.
As of March 13, 2025, PHYS held 3.4 million ounces of gold on behalf of its unitholders.
“Gold prices have set new records in 2025, driven largely by global central bank purchases. We expect this trend to accelerate and broaden as investor participation increases,” said Whitney George, Chief Executive Officer of Sprott.
PHYS was created to invest and hold substantially all of its assets in physical gold bullion. Its goal is to provide a secure, convenient and exchange-traded investment alternative for investors who want to hold physical gold without the inconvenience that is typical of a direct investment in physical gold bullion. All of the gold held by PHYS is fully allocated and redeemable by investors, subject to minimum holding requirements.
About Sprott
Sprott is a global asset manager focused on precious metals and critical materials investments. We are specialists. We believe our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California and the company’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol (SII). For more information, please visit www.sprott.com.
About the Trust
Important information about the Trust, including the investment objectives and strategies, applicable management fees, and expenses, is contained in the prospectus. Please read the prospectus carefully before investing. You will usually pay brokerage fees to your dealer if you purchase or sell units of the Trusts on the Toronto Stock Exchange (“TSX”) or the New York Stock Exchange (“NYSE”). If the units are purchased or sold on the TSX or the NYSE, investors may pay more than the current net asset value when buying units or shares of the Trusts and may receive less than the current net asset value when selling them. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
Caution Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable United States securities laws and forward-looking information within the meaning of Canadian securities laws (collectively, “forward-looking statements”). Forward-looking statements in this press release include, without limitation, our expectation that gold buying accelerates and broadens as investor participation increases.
With respect to the forward-looking statements contained in this press release, the Trust has made numerous assumptions regarding, among other things, the gold market. While the Trust considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors that could cause the Trust's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained in this press release. A discussion of risks and uncertainties facing the Trust appears in the Trust's continuous disclosure filings, which are available at www.sec.gov and www.sedarplus.ca. All forward-looking statements herein are qualified in their entirety by this cautionary statement, and the Trust disclaims any obligation to revise or update any such forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments, except as required by law.
Investor Contact:
Glen Williams
Managing Partner
Investor and Institutional Client Relations
Direct: 416-943-4394
gwilliams@sprott.com
Media contact:
Dan Gagnier
Gagnier Communications
(646) 569-5897
sprott@gagnierfc.com
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