Sprott Physical Gold

PHYS

Market cap $13.2B

Overview Fund Activity

28.36 USD

-0.02

0.07%

At close Updated Sep 17, 11:25 AM EDT

1 day

-0.07%

5 days

1.83%

1 month

10.74%

3 months

9.2%

6 months

21.98%

Year to date

38.75%

1 year

42.23%

5 years

81.56%

10 years

204.29%

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.

Financials Asset Management

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

74% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 31

18% more capital invested

Capital invested by funds: $2.96B [Q1] → $3.5B (+$542M) [Q2]

3% more funds holding

Funds holding: 526 [Q1] → 541 (+15) [Q2]

0.69% more ownership

Funds ownership: 28.93% [Q1] → 29.61% (+0.69%) [Q2]

1% more repeat investments, than reductions

Existing positions increased: 171 | Existing positions reduced: 170

13% less funds holding in top 10

Funds holding in top 10: 39 [Q1] → 34 (-5) [Q2]

See Fund Rankings

Financial journalist opinion

Based on 4 articles about PHYS published over the past 30 days

Alongside Gold, Silver Is Benefiting From Potential Rate Cuts

The prospect of interest rate cuts this month and through the rest of the year is elevating prices for gold, but silver is also benefiting. The precious/industrial metal crossed the $40 price mark in the first week of September, which it hasn't done since 2011.

Alongside Gold, Silver Is Benefiting From Potential Rate Cuts

PHYS: Don't Get Too Cute

Gold is in a secular bull market, driven by global de-dollarization and strong investment demand, especially from China and central banks. Despite a sharp rally, gold and PHYS show no signs of retail mania, with trading volumes and coin sales remaining subdued. China's mandate for insurance companies to allocate to gold could significantly tighten global supply, supporting higher prices.

PHYS: Don't Get Too Cute

Tariff-Induced Anxiety Pushes Gold Past $3,500

Tariffs continue to be a wild card. Anxiety gripped the markets on Tuesday, pushing the price of gold past the $3,500 mark en route to a new all-time high.

Tariff-Induced Anxiety Pushes Gold Past $3,500

Eyes Are on China to Help Keep Gold Prices Afloat

Gold's demand drivers remained in the month of July, keeping prices afloat. However, for the rest of the year, gold's ability to sustain its rally could hinge on demand from China.

Eyes Are on China to Help Keep Gold Prices Afloat

Central Bank Buying to Buoy Gold & Silver Prices

Central banks' willingness to buy more precious metals should help buoy prices for both gold and silver. Around the globe, central banks continue to quench their thirst for both, providing investment opportunities in ETFs with exposure to both metals.

Central Bank Buying to Buoy Gold & Silver Prices

PHYS: Gold's Bull Market Is Not Done, $4000 In Play

I have a buy rating on Sprott Physical Gold Trust, citing strong fundamentals and a favorable technical setup for gold. Gold's momentum and sentiment dip is a healthy technical sign, with central bank buying and seasonality providing key tailwinds. Gold remains a top performer YTD, with Goldman Sachs raising its price target to $4,000/oz by 2026, implying nearly 20% upside.

PHYS: Gold's Bull Market Is Not Done, $4000 In Play

Central Bank Gold Buying Recedes, But Not Likely to Falter

Like all appetites, the consumer typically reaches some point of appeasement. That could be the case for central bank gold purchases, which have started to show signs of receding.

Central Bank Gold Buying Recedes, But Not Likely to Falter

Why We're Dodging These 3 Gold CEFs (Even With Gold Soaring)

Here's a surprise from a die-hard closed-end fund (CEF) fan like me: Sometimes CEFs aren't your best bet.

Why We're Dodging These 3 Gold CEFs (Even With Gold Soaring)

Is Gold Challenging the 60/40 Portfolio Strategy?

With gold's rise in the past 1.5 years, the precious metal could challenge the idea of a typical 60-40 stock/bond portfolio. Bonds' share of the 40% allocation could be split in half with gold, thereby creating the idea of a 60/20/20 portfolio.

Is Gold Challenging the 60/40 Portfolio Strategy?

These 3 ETFs Let You Hold Real Gold Without the Vault

Investors wondering if the last few months are a fluke—the result of panicked traders flocking to a safe haven amid tariff fears and other concerns—should take a longer view of gold. The spike in the price of the metal has been unfolding more or less continuously for over a year, since early 2024.

These 3 ETFs Let You Hold Real Gold Without the Vault

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