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.
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
32% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 28
15% more capital invested
Capital invested by funds: $1.49B [Q4 2024] → $1.71B (+$219M) [Q1 2025]
13% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 93
1% more funds holding
Funds holding: 353 [Q4 2024] → 357 (+4) [Q1 2025]
0.15% more ownership
Funds ownership: 30.23% [Q4 2024] → 30.38% (+0.15%) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 14 [Q4 2024] → 14 (+0) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for CEF.
Financial journalist opinion









