GraniteShares Gold Trust Financial Summary

Complete Filing Data

GraniteShares Gold Trust reported Net Asset Value Per Share of 19 shares for FY2023.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean GraniteShares Gold Trust did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating Expenses$1.6M$1.7M$1.6M$1.7M$2.0M$1.2M$667.0K$45.0K
Net Income Loss$315.7M$187.7M$39.7M$19.6M-$12.0M$158.6M$56.0M-$9.3M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q1 2024Q4 2023Q3 2023Q1 2023Q4 2022Q3 2022Q1 2022Q4 2021Q3 2021Q1 2021Q4 2020Q3 2020Q1 2020Q4 2019Q3 2019Q1 2019Q4 2018Q3 2018Q1 2018Q4 2017Q3 2017
Operating Expenses$627.0K$508.0K$403.0K$386.0K$367.0K$413.0K$406.0K$409.0K$402.0K$378.0K$395.0K$414.0K$407.0K$461.0K$468.0K$527.0K$548.0K$288.0K$256.0K$256.0K$189.0K$131.0K$134.0K$6.0K$2.0K$1.0K
Net Income Loss$162.7M$179.4M$165.1M-$6.3M$100.0M$67.9M$89.6M-$20.4M$81.3M$69.8M-$77.2M$61.2M$41.1M-$13.3M-$122.3M-$659.0K$64.9M$33.2M$14.9M$28.9M$3.6M$22.2M-$13.9M$153.0K$51.0K-$66.0K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Assets Net$935.8M$996.1M$1.01B$1.04B$545.5M$250.9M$2.6M
Gain Loss On Investments-$1.6M-$1.7M-$1.6M-$1.7M-$2.0M-$1.2M-$667.0K-$45.0K
Gain Loss On Sale Of Trust Assets To Pay Expenses$643.0K$360.0K$206.0K$255.0K$377.0K$171.0K-$8.0K
Net Of Assets Amount$935.8M$996.1M$1.01B$1.04B$545.5M$250.9M
Net Assets Per Common Share$23.03$18.92$18.01$17.51$17.59$14.04$12.48
Liabilities$137.0K$139.0K$144.0K$154.0K$141.0K$75.0K$31.0K
Investment Owned Percent Of Net Assets$1.00$1.00$1.00$1.00$1.00$1.00$1.00
Assets$791.1M$936.0M$996.3M$1.01B$1.04B$545.6M$251.0M
Non Investment Assets Less Non Investment Liabilities Percent Of Net Assets-$0.00-$0.00-$0.00-$0.00-$0.00$0.00-$0.00
Non Investment Assets Less Non Investment Liabilities-$137.0K-$139.0K-$144.0K-$154.0K-$141.0K$75.0K-$31.0K
Net Assets Percentage Of Net Assets100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Common Stock No Par Value$0.00$0.00$0.00$0.00$0.00$0.00
Accounts Payable Related Parties Current And Noncurrent$154.0K$141.0K$75.0K
Accounts Payable Related Parties Current$75.0K$31.0K
Account Payable Related Parties Current And Noncurrent$144.0K
Gold Payable

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q1 2021Q4 2020Q3 2020Q1 2020Q4 2019Q3 2019Q1 2019Q4 2018Q3 2018Q1 2018Q4 2017Q3 2017
Assets Net$1.49B$1.29B$1.11B$1.04B$846.6M$879.1M$791.0M$1.00B$960.5M$883.5M$968.3M$886.8M$831.6M$1.05B$912.0M$1.04B$1.01B$1.11B$1.29B$772.6M$592.9M$611.8M$461.7M$314.5M$279.6M$14.5M$5.2M$5.1M
Gain Loss On Investments-$627.0K-$508.0K-$403.0K-$386.0K-$367.0K-$413.0K-$406.0K-$409.0K-$402.0K-$378.0K-$395.0K-$414.0K-$407.0K-$461.0K-$468.0K-$527.0K-$548.0K-$288.0K-$256.0K-$256.0K-$189.0K-$131.0K-$134.0K-$6.0K-$2.0K-$1.0K
Gain Loss On Sale Of Trust Assets To Pay Expenses$327.0K$242.0K$159.0K$144.0K$124.0K$90.0K$66.0K$69.0K$57.0K$25.0K$39.0K$63.0K$52.0K$68.0K$78.0K$112.0K$119.0K$46.0K$34.0K$29.0K$2.0K-$6.0K-$7.0K
Net Of Assets Amount$1.00B$960.5M$883.5M$968.3M$886.8M$831.6M$1.05B$912.0M$1.04B$1.01B$1.11B$1.29B$772.6M$592.9M$611.8M$461.7M$314.5M$279.6M$14.5M$5.2M$5.1M
Net Assets Per Common Share$42.45$37.71$32.42$30.74$25.77$25.97$21.89$20.39$18.50$19.60$17.95$16.57$19.26$18.06$17.30$18.80$18.76$16.01$15.16$14.80$12.91$127.83$118.47$132.23$129.56$128.29
Liabilities$222.0K$175.0K$162.0K$147.0K$128.0K$123.0K$144.0K$140.0K$10.3M$139.0K$131.0K$122.0K$153.0K$131.0K$152.0K$161.0K$189.0K$105.0K$85.0K$88.0K$69.0K$45.0K$45.0K$2.0K$1.0K$1.0K
Investment Owned Percent Of Net Assets$1.00$1.00$1.00$1.00$1.00$1.00$1.00$1.00$1.01$1.00$1.00$1.00$1.00$1.00$1.00$1.00$1.00$1.00$1.00$1.00$1.00$1.00$1.00$1.00$1.00$1.00
Assets$1.49B$1.29B$1.11B$1.04B$846.7M$879.2M$1.00B$960.6M$893.8M$968.4M$886.9M$831.7M$1.05B$912.1M$1.04B$1.11B$1.29B$772.8M$593.0M$611.9M$461.8M$314.5M$279.6M$14.5M$5.2M$5.1M
Non Investment Assets Less Non Investment Liabilities Percent Of Net Assets-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.01-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00
Non Investment Assets Less Non Investment Liabilities-$222.0K-$175.0K-$162.0K-$147.0K-$128.0K-$123.0K-$144.0K-$140.0K-$10.3M-$139.0K-$131.0K-$122.0K-$153.0K-$131.0K-$152.0K-$161.0K-$189.0K-$105.0K-$85.0K-$88.0K-$69.0K-$45.0K-$45.0K-$2.0K-$1.0K-$1.0K
Net Assets Percentage Of Net Assets100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Common Stock No Par Value$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Accounts Payable Related Parties Current And Noncurrent$131.0K$122.0K$144.0K$153.0K$131.0K$152.0K$161.0K$189.0K$105.0K$85.0K$88.0K
Accounts Payable Related Parties Current$69.0K$45.0K$45.0K$2.0K$859.00$589.00
Account Payable Related Parties Current And Noncurrent$144.0K$140.0K$131.0K$139.0K$139.0K
Gold Payable$10.2M

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2021FY2020FY2019
Increase Decrease In Unrealized Appreciation And Depreciation-$70.7M$152.9M$57.8M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2021Q3 2020
Increase Decrease In Unrealized Appreciation And Depreciation-$13.5M$63.6M

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Net Asset Value Per Share$18.92$18.01$17.51$17.59$14.04$12.48$12.89
Weighted Average Number Of Shares Outstanding Basic33.7M46.6M50.6M54.3M62.5M43.6M29.3M2.2M
Earnings Per Share Basic$9.36$4.03$0.78$0.36$-0.19$3.64$1.91$-4.33
Change In Net Assets From Operations Per Share$0.91$0.50$-0.08$3.55$1.56$-0.41
Net Investment Incom Loss Per Share$-0.03$-0.03$-0.03$-0.02$-0.02
Common Stock Shares Issued And Outstanding55.3M57.7M59.2M38.9M20.1M
Net Realized And Unrealized Gains And Losses On Investment In Gold Per Share$0.94$0.53$-0.05$3.58$1.58
Net Realized And Unrealized Gains And Losses On Investment In Bullion Per Share$3.58$1.58$-0.39
Weighted Average Number Of Diluted Shares Outstanding33.7M46.6M50.6M54.3M
Earnings Per Share Diluted$9.36$4.03$0.78$0.36
Investment Company Investment Income Loss Per Share$-0.05$-0.04$-0.03$-0.03
Investment Company Investment Income Loss From Operations Per Share$9.39$4.11$0.91$0.50
Investment Company Gain Loss On Investment Per Share$9.44$4.15$0.94$0.53
Investment Company Market Value Per Share$32.64$22.96$19.01$17.97
Common Stock Shares Outstanding34.4M49.5M
Common Stock Shares Issued34.4M49.5M
Net Investment Loss Per Share$-0.03$-0.03$-0.03
Market Value Per Share At End Of Period

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q1 2022Q4 2021Q3 2021Q1 2021Q4 2020Q3 2020Q1 2020Q4 2019Q3 2019Q1 2019Q4 2018Q3 2018Q1 2018Q4 2017Q3 2017
Net Asset Value Per Share$42.45$37.71$32.42$30.74$25.77$25.97$23.03$21.89$20.39$18.50$19.60$17.95$16.57$19.26$18.06$17.30$16.80$18.80$18.76$16.01$15.16$14.80$12.91$12.78$11.85$13.22$12.96$128.29
Weighted Average Number Of Shares Outstanding Basic34.8M33.9M33.2M33.3M34.0M46.4M47.3M48.7M49.9M50.1M52.2M51.7M51.7M58.9M60.8M63.9K65.5M42.1M39.4M39.8M33.8M24.1M22.0M870.0K40.0027.0K
Earnings Per Share Basic$4.68$5.29$4.97$-0.19$2.94$1.47$1.90$-0.42$1.63$1.39$-1.48$1.18$0.79$-0.23$-2.01$-0.01$0.99$0.79$0.38$0.73$0.11$0.92$-0.63$0.18$1.28$-2.44
Change In Net Assets From Operations Per Share$1.50$1.89$-0.42$1.65$1.38$-1.44$1.20$0.76$-0.21$-2.00$0.04$1.17$0.85$0.36$0.76$0.13$0.93$-0.63$0.26$1.27$-0.61
Net Investment Incom Loss Per Share$-0.01$-0.01$-0.01$-0.01$-0.01$-0.01$-0.01$-0.01$-0.01$-0.01$-0.01$-0.01$-0.01$-0.01$-0.01$-0.01$-0.06$-0.02
Common Stock Shares Issued And Outstanding45.9M47.1M47.8M49.5M49.4M49.4M50.2M54.4M50.50B60.20B59.2M68.9M48.3M39.1M41.4M35.8M2.5M2.4M110.0K40.0K40.0K
Net Realized And Unrealized Gains And Losses On Investment In Gold Per Share$1.51$1.90$-0.41$1.66$1.39$-1.43$1.21$0.77$-0.20$-1.99$0.05$1.18$0.37
Net Realized And Unrealized Gains And Losses On Investment In Bullion Per Share$1.18$0.86$0.37$0.77$0.14$0.94$-0.62$0.27$1.33$-0.59
Weighted Average Number Of Diluted Shares Outstanding34.8M33.9M33.2M33.3M34.0M46.4M47.3M48.7M49.9M50.1M
Earnings Per Share Diluted$4.68$5.29$4.97$-0.19$2.94$1.47$1.90$-0.42$1.63$1.39
Investment Company Investment Income Loss Per Share$-0.02$-0.01$-0.01$-0.01$-0.01$-0.01$-0.01$-0.01
Investment Company Investment Income Loss From Operations Per Share$4.74$5.29$4.97$-0.20$2.94$1.50$1.89$-0.42
Investment Company Gain Loss On Investment Per Share$4.76$5.30$4.98$-0.19$2.95$1.51$1.90$-0.41
Investment Company Market Value Per Share$42.49$38.06$30.84$25.89$25.97$21.96$20.39$18.28$19.60
Common Stock Shares Outstanding35.2M34.1M34.1M33.9M32.9M33.9M
Common Stock Shares Issued35.2M34.1M34.1M33.9M32.9M33.9M
Net Investment Loss Per Share$-0.01$-0.01$-0.01$-0.01$-0.01$-0.01
Market Value Per Share At End Of Period$20.39$18.28$18.05$16.47

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Investment Owned Balance Other Measure$489.4K$548.3K$572.6K$589.0K$387.2K$200.7K$2.0K
Investment In Physical Commodities$936.0M$996.3M$1.01B$1.04B$545.6M$251.0M$2.6M
Sponsor Fees$1.6M$1.7M$1.6M$1.7M$2.0M$1.2M$667.0K$45.0K
Aggregate Gain Loss On Bullion$317.3M$189.3M$41.3M$21.3M-$10.0M$159.8M$56.6M-$9.3M
Stock Issued During Period Value New Issues$90.1M$41.6M$75.0M$169.9M$314.0M$384.9M$280.2M$257.7M
Net Change In Unrealized Appreciation Depreciation$280.1M$88.1M$23.0M-$4.9M-$70.7M$152.9M$57.8M-$9.3M
Stock Redeemed Or Called During Period Value-$91.1M-$374.1M-$175.0M-$202.8M-$333.9M-$47.8M-$41.6M
Net Investment Loss Ratio-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00
Expense Ratio$0.00$0.00$0.00$0.00$0.00$0.00
Aggregate Return At Net Asset Value$0.05$0.03-$0.00$0.25$12.50-$0.03
Stock Redeemed Or Called During Period Shares3.3M17.0M10.0M11.5M18.2M3.2M4.6M
Stock Issued During Period Shares New Issues3.1M1.9M4.1M9.2M16.6M23.5M41.5M
Realized Investment Gains Losses$37.2M$101.3M$18.3M$26.2M$60.7M$6.9M-$1.2M
Investment Owned At Fair Value$791.1M$936.0M$996.3M$1.01B$1.04B$545.6M$251.0M
Investment Owned At Cost$554.2M$787.1M$870.4M$878.8M$840.0M$497.0M$260.2M
Change In Unrealized Gain Loss On Investment In Bullion-$4.9M-$70.7M$152.9M$57.8M-$9.3M
Realized Investment Gains Losses For Redemption Of Shares36.5M100.9M18.1M26.0M60.3M6.7M
Aggregate Return At Market Price$0.42$0.21$0.06$0.02-$0.01
Net Realized Or Unrealized Gain Loss On Trading Securities$60.3M$6.7M-$1.2M
Investment Company Total Return$0.41$0.22$0.05$0.03
Investment Company Investment Income Loss Ratio-$0.00-$0.00-$0.00-$0.00
Investment Company Expense Ratio After Incentive Allocation$0.00$0.00$0.00$0.00
Realized Investment Gains Losses For Redemptions Of Shares
Aggregate Return At Market Price Value
Total Return At Net Asset Value
Total Gain Loss On Bullion
Net Realized Or Unrealized Gain Loss On Trading Security
Net Investment Gain Loss

Quarterly (10-Q, single quarters)

Metric \ QuarterQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q1 2023Q4 2022Q3 2022Q1 2022Q4 2021Q3 2021Q1 2021Q4 2020Q3 2020Q1 2020Q4 2019Q3 2019Q1 2019Q4 2018Q3 2018Q1 2018Q4 2017Q3 2017
Investment Owned Balance Other Measure$346.4K$336.2K$336.4K$334.5K$324.3K$334.3K$339.4K$453.2K$465.8K$477.9K$489.2K$489.4K$497.5K$539.1K$501.1K$597.7K$588.0K$684.8K$480.3K$389.4K$412.0K$387.2K$245.4K$235.5K$11.0K$4.0K$200.7K
Investment In Physical Commodities$1.49B$1.29B$1.11B$1.04B$846.7M$879.2M$791.1M$1.00B$960.6M$893.8M$968.4M$886.9M$831.7M$1.05B$912.1M$1.04B$1.11B$1.29B$772.8M$593.0M$611.9M$545.6M$314.5M$279.6M$14.5M$5.2M$251.0M
Sponsor Fees$627.0K$508.0K$403.0K$386.0K$367.0K$413.0K$406.0K$409.0K$402.0K$378.0K$395.0K$414.0K$407.0K$461.0K$468.0K$527.0K$548.0K$288.0K$256.0K$256.0K$189.0K$131.0K$134.0K$6.0K$2.0K$1.0K
Aggregate Gain Loss On Bullion$163.4M$179.9M$165.5M-$5.9M$100.4M$68.3M$90.0M-$20.0M$81.7M$70.2M-$76.8M$61.6M$41.5M-$12.8M-$121.9M-$132.0K$65.5M$33.5M$15.1M$29.9M$3.7M$22.4M-$13.8M$159.0K$53.0K-$65.0K
Stock Issued During Period Value New Issues$43.5M$17.6M$53.7M$7.3M$10.9M$4.8M$20.5M$26.8M$73.7M$12.5M$50.5M$61.6M$45.0M$193.4M$160.5M$37.4M$156.5M$30.6M$42.6M$9.2M$5.2M
Net Change In Unrealized Appreciation Depreciation$163.0M$171.7M$155.3M-$16.1M$94.0M$63.2M$84.0M-$24.3M$78.7M$66.6M-$83.9M$61.5M$18.0M-$13.5M-$127.2M-$43.0M$63.6M$31.4M$10.4M$29.1M$3.7M$23.6M-$13.8M$159.0K$53.0K-$65.0K
Stock Redeemed Or Called During Period Value-$16.7M-$23.4M-$26.2M-$19.2M-$25.0M-$23.6M-$36.7M-$20.3M-$41.4M-$87.4M-$183.1M-$5.2M-$45.6M-$224.3M-$7.7M-$14.0M-$33.7M-$12.8M-$18.0M
Net Investment Loss Ratio-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.17-$0.00-$0.00-$0.17-$0.00-$0.00-$0.00-$0.00-$0.00
Expense Ratio$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.17$0.00$0.00$0.17$0.00$0.00$0.00$0.00$0.00
Aggregate Return At Net Asset Value$0.07$0.10-$0.02$0.09$0.08-$0.08$0.07$0.04-$0.01-$0.11$0.00$0.07$5.61$0.02$0.05$1.02$0.08-$0.05$0.02$0.01-$0.00
Stock Redeemed Or Called During Period Shares0.00500.0K800.0K1.0M800.0K1.3M1.2M2.0M1.1M2.4M5.1M0.0010.4M300.0K2.7M12.1M400.0M2.3M0.00
Stock Issued During Period Shares New Issues1.1M500.0K1.9M0.00300.0K0.00550.0K250.0K1.1M1.6M0.003.9M700.0K2.9M3.4M2.4M10.05B0.002.5M
Realized Investment Gains Losses$327.0K$8.3M$10.2M$10.2M$6.4M$5.1M$5.9M$4.3M$3.0M$3.6M$7.2M$63.0K$23.5M$668.0K$5.3M$42.9M$1.9M$4.7M$29.0K
Investment Owned At Fair Value$1.49B$1.29B$1.11B$1.04B$846.7M$879.2M$1.00B$960.6M$893.8M$968.4M$886.9M$821.7M$1.05B$912.1M$1.04B$1.11B$1.29B$772.8M$593.0M$611.9M$461.8M$314.5M$279.6M$14.5M$5.2M$5.1M
Investment Owned At Cost$640.6M$597.3M$588.7M$571.9M$531.9M$548.3M$731.7M$752.0M$769.3M$781.1M$778.4M$789.7M$850.2M$776.8M$924.3M$890.0M$1.03B$653.3M$504.9M$534.2M$457.5M$314.0M$302.7M$14.4M$5.2M$5.2M
Change In Unrealized Gain Loss On Investment In Bullion$61.5M$18.0M-$13.5M-$127.2M-$43.0M$63.6M$31.4M$10.2M$29.1M$3.7M$23.6M-$13.8M$159.0K$53.0K-$65.0K
Realized Investment Gains Losses For Redemption Of Shares8.0M10.0M6.3M5.0M5.9M4.2M2.9M3.6M7.1M23.5M600.0K5.2M42.8M
Aggregate Return At Market Price$0.12$0.17$0.19-$0.00$0.13$0.08$0.12-$0.04$0.10-$0.08
Net Realized Or Unrealized Gain Loss On Trading Securities$42.8M$1.8M$2.1M$4.7M$34.0K-$1.2M
Investment Company Total Return$0.13$0.16$0.19-$0.01$0.13$0.07$0.10-$0.02
Investment Company Investment Income Loss Ratio-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00-$0.00
Investment Company Expense Ratio After Incentive Allocation$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Realized Investment Gains Losses For Redemptions Of Shares10.0M5.0M
Aggregate Return At Market Price Value$0.08$0.08
Total Return At Net Asset Value$0.01-$0.00
Total Gain Loss On Bullion$53.0K-$65.0K
Net Realized Or Unrealized Gain Loss On Trading Security$600.0K$1.8M
Net Investment Gain Loss-$1.0K

Most recent annual filing with the SEC: August 11, 2025

Data sourced from SEC EDGAR public filings as of August 5, 2026.