PHYS icon

Sprott Physical Gold

20.21 USD
+0.23
1.15%
At close Dec 20, 4:00 PM EST
After hours
20.13
-0.08
0.40%
1 day
1.15%
5 days
-1.22%
1 month
-0.93%
3 months
-0.59%
6 months
10.26%
Year to date
27.35%
1 year
28.32%
5 years
70.84%
10 years
108.57%
 

About: Sprott Physical Gold Trust is a closed-end mutual fund trust. The company provides a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical gold bullion without the inconvenience associated with direct investment in physical gold bullion. The company invests mainly in long-term holdings of unencumbered, fully allocated, physical gold bullion and does not and will not speculate about short-term changes in gold prices.

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

133% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 24

8% more funds holding

Funds holding: 422 [Q2] → 454 (+32) [Q3]

7% more funds holding in top 10

Funds holding in top 10: 28 [Q2] → 30 (+2) [Q3]

6% more capital invested

Capital invested by funds: $2.21B [Q2] → $2.33B (+$128M) [Q3]

7% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 119

1.62% less ownership

Funds ownership: 30.69% [Q2] → 29.07% (-1.62%) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for PHYS.

Financial journalist opinion

Based on 3 articles about PHYS published over the past 30 days

Positive
ETF Trends
4 days 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.
Positive Forecasts for Gold, Silver Despite Dollar Pressure
Neutral
GlobeNewsWire
2 weeks ago
Sprott Physical Gold 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 Trust (NYSE: PHYS) (TSX: PHYS / PHYS.U) (the “Trust”), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical gold bullion, today announced that it has added additional sales agents to its at-the-market equity program to issue up to US$1 billion of units of the Trust (“Units”) in the United States and Canada.
Sprott Physical Gold Trust Updates Its “At-the-Market” Equity Program
Positive
ETF Trends
3 weeks ago
Rising Russia-Ukraine Tensions Reinvigorates Gold Prices
The U.S. post-election rally is dissipating quickly, giving way to more upside for gold. In particular, increasing tensions between Russia and Ukraine is spurring a flight to safe haven assets and reinvigorating gold prices again.
Rising Russia-Ukraine Tensions Reinvigorates Gold Prices
Positive
ETF Trends
1 month ago
Rising U.S. Debt and Yields Keep Gold Bullish
Gold continues to surge and rising debt levels in the U.S. and elevated yields should help keep the precious metal bullish. Gold prices are already up over 30% for the year and could keep climbing.
Rising U.S. Debt and Yields Keep Gold Bullish
Neutral
ETF Trends
1 month ago
Global Uncertainties Push Gold to New Record Highs
Amid global uncertainties, gold continues to push higher. The precious metal is already up over 30% for the year as it eyes the $2,800 per ounce price marker as the next goal.
Global Uncertainties Push Gold to New Record Highs
Positive
ETF Trends
2 months ago
Mixed Economic Data Maintains Bullish Case for Gold
Economic data could put the Federal Reserve in a state of flux as it decides to cut interest rates while still receiving data that the economy is running hot. In the meantime, this maintains the bullish case for gold.
Mixed Economic Data Maintains Bullish Case for Gold
Positive
ETF Trends
2 months ago
Rise to $3,000 for Gold ‘Only a Matter of Time'
Gold is continuing its climb, breaching the $2,600 mark recently. It looks well on its way past $2,700.
Rise to $3,000 for Gold ‘Only a Matter of Time'
Positive
ETF Trends
3 months ago
Gold Pushes Past $2,600 En Route to New Highs
Rate cut expectations continue to add fuel to gold's serendipitous rise this year as the precious metal pushes past the $2,600 mark. Gold is already up over 26% for the year, outpacing the S&P 500.
Gold Pushes Past $2,600 En Route to New Highs
Neutral
GlobeNewsWire
3 months ago
Sprott Physical Gold Trust Updates Its “At-The-Market” Equity Program
TORONTO, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Gold Trust (NYSE: PHYS) (TSX: PHYS / PHYS.U) (the “Trust”), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical gold bullion, today announced that it has updated its at-the-market equity program to issue up to US$1 billion of units of the Trust (“Units”) in the United States and Canada.
Sprott Physical Gold Trust Updates Its “At-The-Market” Equity Program
Positive
ETF Trends
3 months ago
Looming Rate Cuts Can Keep Gold Bullish
Gold rallying may have been unforeseen by some, but to the vast majority, it could still offer a bullish investment prospect especially with interest rate cuts looming. The precious metal is up over 20% for the year, surpassing the S&P 500's 19% gain.
Looming Rate Cuts Can Keep Gold Bullish
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