Investment in Gold

9 Months Ended

Sep. 30, 2023

3. Investment in Gold

The following represents the changes in fine ounces of gold and the respective fair value for nine months ended September 30, 2023:


	Ounces		Amount
			$
Balance at December 31, 2022	7,000		12,686,189
Gold contributed for the subscription of Shares	996		1,908,814
Gold distributed for the redemption of Shares	—		—
Gold sold to pay expenses	(27	)	(53,144	)
Net realized gain (loss) from investment in gold sold to pay expenses	—		5,662
Net change in unrealized appreciation (depreciation) on investment in gold	—		358,922
Balance at September 30, 2023	7,969		14,906,443

The following represents the changes in fine ounces of gold and the respective fair value for the period from July 19, 2022 to December 31, 2022:


	Ounces	Amount
		$
Balance at July 19, 2022*	2,000	3,426,100
Gold contributed for the subscription of Shares	5,000	8,881,241
Gold distributed for the redemption of Shares	—	—
Gold sold to pay expenses	—	—
Net realized gain (loss) from investment in gold sold to pay expenses	—	—
Net change in unrealized appreciation (depreciation) on investment in gold	—	378,848
Balance at December 31, 2022	7,000	12,686,189

The Trust’s operations commenced on July 19, 2022

Sprott ESG Gold ETF 10-Q