Sprott Physical Gold Trust Units (PHYS) has released an update.
Sprott Physical Gold Trust has seen a significant increase in the value of its assets, reporting a 27.1% return for the nine months ending September 30, 2024, as gold prices surged. The Trust’s net assets rose to $8.62 billion, with its units trading on the NYSE Arca and TSX experiencing a notable rise in value. This growth was accompanied by successful issuance of new units and redemption activities, highlighting strong investor interest.
For further insights into PHYS stock, check out TipRanks’ Stock Analysis page.
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