Bullish Points:
1. The net profit for the fiscal year ended September 30, 2025, was $35,553,538, an increase from $20,362,993 in the previous year.
2. The Trust's net realized and change in unrealized gain on investment in gold for the year ended September 30, 2025, was $35,916,622, up from $20,605,087 in the previous year.
3. The market value of the Trust's gold holdings as of September 30, 2025, was $124,430,281,000, up from $73,727,700,000 as of September 30, 2024.
4. The gold price per ounce increased to $3,825.30 as of September 30, 2025, from $2,629.95 as of September 30, 2024.
5. The Trust's net asset value per share increased to $352.09 as of September 30, 2025, from $243.01 as of September 30, 2024.
6. The Trust's total return at net asset value for the year ended September 30, 2025, was 44.89%, compared to 40.06% for the previous year.
Bearish Points:
1. The Trust's expenses for the year ended September 30, 2025, were $363,083,124, compared to $242,094,000 in the previous year.
2. The Trust created 178,000,000 shares and redeemed 127,600,000 shares during the year ended September 30, 2025, which could indicate potential dilution.
The final result you summarize based on positive and negative content needs to be objective, neutral, and dialectical.
For more information, you can read the original text of SPDR Gold ETF(GLD)'s financial report
Comments