GraniteShares Gold Trust (BAR), which holds gold bullion, reported net assets of $1,339,821,461 at September 30, 2026, up 0.45% from June 30. Net asset value per share rose 3.68%, from $39.64 to $41.10, as the LBMA gold price rose 3.73%, from $4,026.05 to $4,176.30. The Trust held 320,863.416 ounces of gold at quarter-end, valued at $1,340,022,000.
Operations added $48,835,947 to net assets: a $25,772,620 unrealized gain and a $23,672,996 realized gain, less $609,669 in Sponsor fees. Shares outstanding were 32,600,000 on September 30, down from 33,650,000 on June 30, after 21 redemption orders for 1,050,000 shares and zero creation orders. The Trust had no cash balance at quarter-end. Creations and redemptions occur only with Authorized Participants in 50,000-share baskets in exchange for gold. The Sponsor fee accrues at an annualized 0.1749% of adjusted daily net asset value and is paid monthly in arrears; it is paid through in-kind gold transfers.
GraniteShares Gold Trust is a grantor trust that holds allocated physical gold bullion and issues GraniteShares Gold Shares, each representing a fractional undivided beneficial interest in the trust’s gold. The trust is passive and does not trade futures or actively manage gold exposure.
Redeemable value of the Shares rose from US$1,105,575,430 on June 30, 2025 to US$1,333,805,586 on June 30, 2026, while outstanding Shares declined from 34,100,000 to 33,650,000, reflecting net redemptions despite higher gold prices. Aggregate market value of outstanding Shares was $1,330,184,500 on June 30, 2026, and 33,050,000 Shares were outstanding as of August 13, 2026.
The trust’s only ordinary recurring expense is the Sponsor’s Fee, accrued daily at 0.1749% per year of NAV and paid in gold; it totaled $2,534,557 for the year ended June 30, 2026. Gold is valued using the LBMA Gold Price PM, and net asset value per Share is calculated each business day by the trustee. Shares trade on NYSE Arca and are created and redeemed only in baskets of 50,000 Shares by Authorized Participants in exchange for physical gold. Key risks disclosed include gold price volatility, ongoing dilution from gold sales to pay fees and expenses, potential premiums/discounts to NAV, and the absence of active management or investment company protections.
GraniteShares Gold Trust reported a leadership change at its sponsor, GraniteShares LLC. Effective June 1, 2026, Benoit Autier will step down as Chief Accounting Officer of the Sponsor. On the same date, Brandon Dall’Acqua will become the new Chief Accounting Officer.
The Trust states that Mr. Autier’s departure does not result from any disagreement about the Trust’s operations, policies, or practices. Mr. Dall’Acqua, age 42, has served as GraniteShares’ Chief Financial Officer since January 31, 2025 and previously was VP of Finance at Tidal Financial Group.
GraniteShares Gold Trust reports strong performance for the quarter and nine months ended March 31, 2026, driven by higher gold prices. Net assets rose to $1.59 billion, backed by 345,784.527 ounces of gold bullion valued at $1.59 billion, with 35.1 million shares outstanding.
Net asset value per share increased to $45.39 from $32.42 at June 30, 2025, a 40.01% total return at NAV over nine months, while market-price total return was 41.33%. These gains mainly reflect a 40.18% rise in the gold price to $4,608.35. Expenses consist solely of Sponsor fees, which accrue at an annualized 0.1749% of NAV, producing a 0.17% annualized expense ratio. The Trust reports no debt, no off-balance sheet arrangements, and no legal proceedings.
GraniteShares Gold Trust (BAR) reported a strong quarter ended December 31, 2025, driven by higher gold prices and modest share creations. Net assets rose to $1,492,121,494 from $1,285,913,636 on September 30, a 16.0% increase, as gold climbed from $3,825.30 to $4,307.95 per ounce.
Net asset value per share increased from $37.71 to $42.45, a 12.57% total return at NAV for the quarter and 30.94% for the six months. Shares outstanding rose from 34,100,000 to 35,150,000 through creation orders, with no redemptions in the quarter. The trust holds physical gold only, had net assets of $1.49B and incurred essentially one recurring expense: a Sponsor fee of $626,724 for the quarter, equal to an annualized expense ratio of about 0.17%.
GraniteShares Gold Trust (BAR) reported a strong quarter tied to gold’s rally. Net assets rose 16.31% to $1,285,914,000 at September 30, 2025 from $1,105,575,000 at June 30, 2025, driven by a 16.36% increase in the LBMA PM Gold Price. Net asset value per share increased to $37.71 from $32.42, in line with gold’s move after fees.
The Trust held 336,206.155 ounces of allocated gold valued at $1,286,089,000, with liabilities of $175,000 and no cash balance. Operating structure remained simple: Sponsor fees were the sole ordinary expense at $508,370 for the quarter (annualized 0.1749% of average net assets), producing a small net investment loss offset by $171,669,572 in unrealized gains and $8,277,826 realized gains. Quarterly total return was 16.32% at NAV and 16.61% at market price.
Shares outstanding were 34,100,000 throughout the quarter; as of November 03, 2025, shares outstanding were 34,700,000. Ten baskets (500,000 shares) were redeemed in August. Controls and procedures were deemed effective, and there were no legal proceedings or off‑balance sheet arrangements.