Here are the 10-K annual reports from abrdn Physical Precious Metals Basket Shares ETF (GLTR) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow GLTR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GLTR filings page.
abrdn Precious Metals Basket ETF Trust files an amended annual report mainly to add KPMG’s opinion on internal control over financial reporting; other disclosures from the original filing are unchanged.
The Trust holds only physical gold, silver, platinum and palladium. Redeemable value of its shares rose from $1,039,953,142 at December 31, 2024 to $2,577,422,977 at December 31, 2025, as outstanding shares increased from 9,500,000 to 12,500,000. As of February 26, 2026 there were 13,500,000 shares outstanding. The report provides extensive background on bullion markets, highlighting sharp 2025 price gains, including gold at $4,307.95 per ounce, silver at $71.99, platinum at $2,027 and palladium at $1,567 on December 31, 2025.
abrdn Precious Metals Basket ETF Trust reports a sharp expansion in its bullion-backed exchange-traded shares for the year ended December 31, 2025. Shares at redeemable value rose from $1,039,953,142 at December 31, 2024 to $2,577,422,977 at December 31, 2025, while outstanding Shares increased from 9,500,000 to 12,500,000.
The Trust holds only physical gold, silver, platinum and palladium in agreed proportions and is not an investment company or commodity pool. Its objective is for Share performance to mirror the prices of these metals, less expenses, offering a simplified alternative to directly storing and insuring bullion.
Metal markets were highly volatile in 2025. The spot gold price increased to $4,307.95 per ounce, silver ended the year at $71.99 per ounce after a 149% annual gain, platinum closed at $2,027 per ounce, up 121.8%, and palladium finished at $1,567 per ounce, up 72.4%. These moves, driven by tariffs, geopolitical tensions, central-bank buying and changing automotive and industrial demand, directly affected the Trust’s net asset value.