GraniteShares Gold Trust Files Q2 2025 10-Q

TL;DR

GraniteShares Gold Trust 10-Q filed. Gold holdings update.

AI Summary

GraniteShares Gold Trust filed its 10-Q for the period ending December 31, 2024. The filing covers the second quarter of their fiscal year. Key financial data and operational details for the trust, which holds gold bullion, are presented.

Why It Matters

This filing provides investors with an update on the financial health and holdings of the GraniteShares Gold Trust, crucial for understanding the trust's performance and the value of its underlying gold assets.

Risk Assessment

Risk Level: low — This is a standard quarterly financial filing for a trust holding a commodity, with no immediate red flags.

Key Numbers

• 2024-12-31 — Period End Date (The 10-Q covers financial information up to this date.)
• 2025-02-03 — Filing Date (The date the 10-Q was officially submitted to the SEC.)

Key Players & Entities

• GraniteShares Gold Trust (company) — Filer of the 10-Q
• 2024-12-31 (date) — Period end date for the 10-Q filing
• 2025-02-03 (date) — Filing date of the 10-Q
• New York (location) — City of the Trust's business and mailing address

FAQ

Key Financial Figures

• $ — d June 30, 2024 Amounts in 000's of US$, except share and per share data Decem
• $000 — 11.54 % 12.76 % 7.26 % Net assets ($000's) $ 846,563 $ 960,483 $ 846,563 $

Filing Documents

• form10-q.htm (10-Q) — 339KB
• ex31-1.htm (EX-31.1) — 12KB
• ex31-2.htm (EX-31.2) — 12KB
• ex32-1.htm (EX-32.1) — 7KB
• ex32-2.htm (EX-32.2) — 7KB
• 0001493152-25-004700.txt ( ) — 1753KB
• bar-20241231.xsd (EX-101.SCH) — 17KB
• bar-20241231_cal.xml (EX-101.CAL) — 15KB
• bar-20241231_def.xml (EX-101.DEF) — 34KB
• bar-20241231_lab.xml (EX-101.LAB) — 122KB
• bar-20241231_pre.xml (EX-101.PRE) — 88KB
• form10-q_htm.xml (XML) — 201KB

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION Item 1.

Financial Statements

Financial Statements 3 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 12 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 14 Item 4.

Controls and Procedures

Controls and Procedures 14

OTHER INFORMATION

PART II. OTHER INFORMATION Item 1.

Legal Proceedings

Legal Proceedings 14 Item 1A.

Risk Factors

Risk Factors 14 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 15 Item 3. Defaults Upon Senior Securities 15 Item 4. Mine Safety Disclosures 15 Item 5. Other Information 15 Item 6. Exhibits 15

SIGNATURES

SIGNATURES 16 2 PART I - FINANCIAL INFORMATION Item 1. Financial Statements of Assets and Liabilities At December 31, 2024 (unaudited) and June 30, 2024 Amounts in 000's of US$, except share and per share data December 31, 2024 June 30, 2024 (unaudited) Assets Investment in gold bullion, at fair value (1) $ 846,691 $ 791,131 Total Assets $ 846,691 $ 791,131 Liabilities Fees payable to Sponsor 128 137 Total Liabilities 128 137 Net Assets $ 846,563 $ 790,994 Shares issued and outstanding (2) 32,850,000 34,350,000 Net asset value per Share $ 25.77 $ 23.03 (1) Cost of investment in gold bullion: $ 531,880 and $ 554,189 , respectively. (2) No par value, unlimited amount authorized. See Notes to the Financial Statements 3 Schedules of Investments At December 31, 2024 (unaudited) and June 30, 2024 Amounts in 000's of US$, except for ounces and percentages December 31, 2024 (unaudited) Ounces of gold Cost Value % of Net Assets Gold bullion 324,296.844 $ 531,880 $ 846,691 100.02 % Total investment $ 531,880 $ 846,691 100.02 % Liabilities in excess of other assets $ ( 128 ) ( 0.02 )% Net Assets $ 846,563 100.00 % June 30, 2024 Ounces of gold Cost Value % of Net Assets Gold bullion 339,410.178 $ 554,189 $ 791,131 100.02 % Total investment $ 554,189 $ 791,131 100.02 % Liabilities in excess of other assets $ ( 137 ) ( 0.02 )% Net Assets $ 790,994 100.00 % See Notes to the Financial Statements 4 of Operations (Unaudited) For the three and six months ended December 31, 2024 and 2023 Amounts in 000's of US$, except per share data Three Months Ended December 31, 2024 Three Month Ended December 31, 2023 Six Months Ended December 31, 2024 Six Months Ended December 31, 2023 Expenses Sponsor fees $ 386 $ 406 $ 753 $ 815 Total expenses 386 406 753 815 Net investment loss ( 386 ) ( 406

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View this 10-Q filing on SEC EDGAR