ADDED
As of August 08, 2025, GraniteShares Gold Trust has 33,600,000 GraniteShares Gold Shares outstanding.
The Trust s Shares at redeemable value increased from US$ 790,994,009 on June 30, 2024, to US$ 1,105,575,430 on June 30, 2025, the Trust s fiscal year end.
The Outstanding Shares in the Trust decreased from 34,350,000 Shares on June 30, 2024, to 34,100,000 Shares on June 30, 2025.
601.1 579.6 394.9 378.6 656.2 605.4 254.9 450.1 1,080.0 1,050.8 1,086.0 Gold demand OTC and other 101.3 78.1 426.8 377.2 329.9 523.4 1,056.9 677.3 32.3 443.3 381.7 Total demand 4,506.0 4,442.3 4,786.0 4,667.4 4,778.5 4,887.9 4,739.2 4,703.5 4,768.0 4,950.9 4,987.8 LBMA Gold Price (US$/oz) 1,266.4 1,160.06 1,250.8 1,257.1 1,268.4 1,392.6 1,769.5 1798.6 1,800.0 1,940.54 2,386.2 Note: Totals may not add due to independent rounding.
The Sponsor s Fee for the fiscal year ended June 30, 2025, was $1,639,442.
Shareholder (as defined below), represents, insofar as it describes conclusions as to United States federal income tax law and subject to the limitations and qualifications described therein, the opinion of Carlton Fields, P.A., special United States federal income tax counsel to the Sponsor.
The discussion below is based on the Code, Treasury Regulations promulgated thereunder and judicial and administrative interpretations of the Code, all as in effect on the date of this Prospectus; no assurance can be given that future legislation, regulations, court decisions and/or administrative pronouncements will not significantly change applicable law and materially affect the conclusions expressed herein, and any such change, even though made after a Shareholder has invested in the Trust, could be applied retroactively.
expatriates, persons whose functional currency is not the U.S.
In the opinion of Carlton Fields, P.A., special United States federal income tax counsel to the Sponsor, the Trust will be classified as a grantor trust for United States federal income tax purposes.
represents only its best legal judgment and is not binding on the IRS or any court and does not preclude the IRS from taking a contrary position.
REMOVED
As of August 14, 2024, GraniteShares Gold Trust has 33,550,000 GraniteShares Gold Shares outstanding.
The Trust s Shares at redeemable value decreased from US$ 935,811,456 on June 30, 2023, to US$ 790,994,009 on June 30, 2024, the Trust s fiscal year end.
The Outstanding Shares in the Trust decreased from 49,450,000 Shares on June 30, 2023, to 34,350,000 Shares on June 30, 2024.
629.5 601.1 579.6 394.9 378.6 656.2 605.4 254.9 450.1 1,081.9 1,037.1 Gold demand 4,521.2 4,398.7 4,357.9 4,352.5 4,283.6 4,442.4 4,356.2 3,677.1 4,002.7 4,699.4 4,467.9 OTC and other -187.1 106.3 83.4 432.5 379.0 333.6 522.0 1,058.9 704.6 60.0 462.5 Total demand 4,334.1 4,505.0 4,441.3 4,785.0 4,662.6 4,775.9 4,878.2 4,736.0 4,707.3 4,75.5 4,930.4 LBMA Gold Price (US$/oz) 1,411.2 1,266.4 1,160.06 1,250.8 1,257.1 1,268.4 1,392.6 1,769.5 1798.6 1,800.0 1,940.54 Note: Totals may not add due to independent rounding.
The Sponsor s Fee for the fiscal year ended June 30, 2024, was $1,671,742.
Shareholder (as defined below), represents, insofar as it describes conclusions as to United States federal income tax law and subject to the limitations and qualifications described therein, the opinion of Thompson Hine LLP, special United States federal income tax counsel to the Sponsor.
The discussion below is based on the Internal Revenue Code of 1986, as amended (the Code ), Treasury Regulations promulgated thereunder and judicial and administrative interpretations of the Code, all as in effect on the date of this prospectus and all of which are subject to change either prospectively or retroactively.
Certain Shareholders (including but not limited to banks, financial institutions, insurance companies, tax-exempt organizations, broker-dealers, traders, Shareholders that are partnerships for United States federal income tax purposes, persons holding Shares as a position in a hedging, straddle, conversion, or constructive sale transaction for United States federal income tax purposes, persons whose functional currency is not the U.S.
In the opinion of Thompson Hine LLP, special United States federal income tax counsel to the Sponsor, the Trust will be classified as a grantor trust for United States federal income tax purposes.
The opinion of Thompson Hine LLP represents only its best legal judgment and is not binding on the IRS or any court.