Sprott Physical Gold and Silver Trust
About: Sprott Physical Gold and Silver Trust is a closed end mutual fund trust. The trust invests and holds all of its assets in physical gold and silver bullion and seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical bullion without the inconvenience that is typical of direct investment.
0
Funds holding %
of 6,812 funds
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Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
59% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 22
8% more funds holding in top 10
Funds holding in top 10: 12 [Q2] → 13 (+1) [Q3]
4% more funds holding
Funds holding: 314 [Q2] → 327 (+13) [Q3]
4% less capital invested
Capital invested by funds: $1.52B [Q2] → $1.46B (-$61.1M) [Q3]
4.7% less ownership
Funds ownership: 34.17% [Q2] → 29.47% (-4.7%) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 93
Research analyst outlook
We haven’t received any recent analyst ratings for CEF.
Financial journalist opinion
Positive
ETF Trends
1 week ago
Positive Forecasts for Gold, Silver Despite Dollar Pressure
A rising dollar has been applying downward pressure on gold and silver following the U.S. presidential election. But market experts are still forecasting record prices for both precious metals heading into 2025.
Neutral
GlobeNewsWire
3 weeks ago
Sprott Physical Gold and Silver Trust Updates Its “At-the-Market” Equity Program
TORONTO, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Gold and Silver Trust (NYSE: CEF) (TSX: CEF) (TSX: CEF.U) (the “Trust”), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical gold and silver bullion, today announced that it has added additional sales agents to its at-the-market equity program to issue up to US$250 million of units of the Trust (“Units”) in the United States and Canada.
Positive
ETF Trends
1 month ago
Silver's Historic Run Could Just Be Getting Started
Silver's year-to-date gain is even outshining its golden peer. Furthermore, silver's historic bull run could just be getting started.
Positive
Seeking Alpha
2 months ago
CEF: Overweight 'The Money Of Gentlemen'
I reiterate my 'buy' rating for CEF due to its allocated exposure to Gold and Silver. Silver's underperformance relative to gold and copper, combined with a six-year supply deficit, presents a compelling investment opportunity. Technical indicators show silver has broken resistance.
Positive
ETF Trends
2 months ago
Demand From Russia Could Add to Silver's Upside
Silver prices are up over 35% this year and could continue climbing. Global demand can further prop up prices and in the case of Russia, could add to the metal's upside.
Positive
ETF Trends
3 months ago
It Could Be Time for Silver to Shine Next to Gold
Gold prices are up over 27% so far this year. But silver prices have outpaced its precious metal counterpart, with more than a 30% gain in the same time frame.
Positive
Seeking Alpha
4 months ago
CEF: The Trends In Gold And Silver Are Your Best Friends
The seminal book “The Wisdom of Crowds” emphasizes that market prices reflect collective intelligence, making trends reliable indicators; gold's long-term uptrend validates this principle. Gold's bullish trend remains intact, with every correction since 1999 presenting a buying opportunity; recent highs reinforce its value as a store of wealth. Silver, following gold's lead, has broken technical resistance and shows bullish potential, driven by speculative interest and favorable market conditions.
Positive
ETF Trends
8 months ago
Alternative Energy Demand Should Power Up Silver Prices
The global transition to alternative energy should power up silver prices given the metal's inclusion in various clean energy technologies. That industrial-precious metal component offers investors the opportunity to obtain exposure to an asset that serves both purposes.
Positive
Market Watch
8 months ago
Gold buyers are holding on to the precious metal as prices break records — and are ready to buy more
Under the basic rules of economics, the cure for high prices is high prices. With that in mind, gold could soon put that idea to the test, with futures prices marking record-high settlements 15 times so far this year.
Negative
Seeking Alpha
9 months ago
CEF: Gold Hits New Highs Yet No One Cares
Sprott Physical Gold and Silver Trust is a closed-end fund that invests in gold and silver, with a mix of 2/3 gold and 1/3 silver. Gold and silver have underperformed in 2023 due to lack of impetus from Fed rate cuts and investor focus on equities and Bitcoin. The lack of interest in precious metals presents a bullish setup for CEF, with potential for increased investor attention and upside in gold and silver prices.
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