abrdn Gold ETF Trust
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
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Item 8. Financial Statements and Supplementary Data
Quarterly Income Statements
Year Ended December 31, 2024
| Three months ended · Year ended | |||||
|---|---|---|---|---|---|
| (Amounts in 000’s of US$, except for Share and per Share data) | March 31 | June 30 | September 30 | December 31 | December 31 |
| EXPENSES | |||||
| Sponsor’s Fee | $1,179 | $1,321 | $1,475 | $1,621 | $5,596 |
| Total expenses | 1,179 | 1,321 | 1,475 | 1,621 | 5,596 |
| Net investment loss | (1,179) | (1,321) | (1,475) | (1,621) | (5,596) |
| REALIZED AND UNREALIZED GAINS / (LOSSES) | |||||
| Realized gain on gold transferred to pay expenses | 241 | 369 | 432 | 562 | 1 ,604 |
| Realized gain on gold distributed for the redemption of Shares | 19,829 | 5,885 | 5,234 | 22,359 | 53,307 |
| Change in unrealized gain and loss on investment in gold | 157,687 | 149,427 | 406,988 | (52,778) | 661,324 |
| Change in unrealized gain and loss on unsettled creations or redemptions | 104 | (104) | — | — | — |
| Total gain/(loss) on investment in gold | 177,861 | 155,577 | 412,654 | (29,857) | 716,235 |
| Change in net assets from operations | $176,682 | $154,256 | $411,179 | $(31,478) | $710,639 |
| Net increase/(decrease) in net assets per Share | $1.27 | $1.10 | $2.84 | $(0.21) | $4.94 |
| Weighted average number of Shares | 139,314,286 | 140,829,670 | 144,607,609 | 150,166,304 | 143,749,454 |
Year Ended December 31, 2023
| Three months ended · Year ended | |||||
|---|---|---|---|---|---|
| (Amounts in 000’s of US$, except for Share and per Share data) | March 31 | June 30 | September 30 | December 31 | December 31 |
| EXPENSES | |||||
| Sponsor's Fee | $1,064 | $1,160 | $1,151 | $1,169 | $4,544 |
| Total expenses | 1,064 | 1,160 | 1,151 | 1,169 | 4,544 |
| Net investment loss | (1,064) | (1,160) | (1,151) | (1,169) | (4,544) |
| REALIZED AND UNREALIZED GAINS / (LOSSES) | |||||
| Realized gain on gold transferred to pay expenses | 147 | 209 | 190 | 177 | 723 |
| Realized gain on gold distributed for the redemption of Shares | 18,623 | 2,983 | 11,594 | 8,070 | 41,270 |
| Change in unrealized gain and loss on investment in gold | 202,412 | (100,629) | (69,008) | 275,519 | 308,294 |
| Change in unrealized gain and loss on unsettled creations or redemptions | — | — | 6 | (6) | — |
| Total (loss)/gain on investment in gold | 221,182 | (97,437) | (57,218) | 283,760 | 350,287 |
| Change in net assets from operations | $220,118 | $(98,597) | $(58,369) | $282,591 | $345,743 |
| Net increase in net assets per Share | $1.59 | $(0.67) | $(0.40) | $1.98 | $2.41 |
| Weighted average number of Shares | 138,665,556 | 147,010,989 | 145,738,043 | 142,850,000 | 143,583,562 |
Note: Quarterly balances may not add to totals due to independent rounding.
The financial statements required by Regulation S-X, together with the report of the Trust’s independent registered public accounting firm appear on pages F-1 to F-13 of this filing.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.