Here are the 10-Q quarterly reports from abrdn Physical Gold Shares ETF (SGOL) 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-Q covers the quarterly report filed between annual reports, so if you follow SGOL 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 SGOL filings page.
abrdn Gold ETF Trust reported net asset value (NAV) of $7,167,043,311 at September 30, 2026, up 6.28% for the quarter from $6,743,476,808 at June 30, 2026. Gold’s price per ounce rose 3.73% from $4,026.05 at June 30 to $4,176.30 at September 30. Outstanding shares rose from 175,900,000 at June 30 to 180,300,000 at September 30, as 5,700,000 shares were created and 1,300,000 redeemed. NAV per share increased 3.68% to $39.75.
For the nine months, NAV declined 2.26% from $7,332,589,978 at December 31, 2025, and NAV per share fell 3.19% from $41.06 to $39.75; gold’s per-ounce price declined 3.06% from $4,307.95 to $4,176.30. The Trust held 1,716,361.6 ounces of gold at September 30. Its $3,098,084 quarterly Sponsor’s Fee accrues at 0.17% of adjusted daily net asset value on an annualized basis and is paid through gold transfers. The Trust creates and redeems shares only with Authorized Participants, in blocks of 100,000, in exchange for gold; it reported no cash balance at September 30.
abrdn Gold ETF Trust, which holds physical gold to back the SGOL ETF, reported lower net assets for the quarter ended June 30, 2026 as gold prices declined.
Net assets fell to $6,743,476,808 from $7,866,952,936 at March 31, a 14.28% decrease, as the gold price dropped 12.64% from $4,608.35 to $4,026.05 per ounce and Shares outstanding edged down to 175.9 million. The Trust held 1,675,196.7 ounces of gold worth $6,744,426,000, with liabilities limited to $948,862 of Sponsor’s Fee payable.
NAV per Share declined from $43.90 to $38.34, a -12.67% total return for the quarter and -6.62% for the first half of 2026. Operations consisted mainly of creations and redemptions of Baskets and the 0.17% annualized Sponsor’s Fee, which totaled $3,272,416 for the quarter and $6,719,329 year-to-date; there were no other expenses, leverage, derivatives, or off-balance sheet arrangements.
abrdn Gold ETF Trust reported higher assets for the quarter ended March 31, 2026 as rising gold prices and modest net creations lifted value. Net assets increased to $7.87 billion from $7.33 billion, with the Trust holding about 1.71 million ounces of gold.
NAV per share rose from $41.06 to $43.90, a total return of 6.92% driven by a 6.97% increase in the LBMA gold price. The Trust recorded a $497.1 million increase in net assets from operations, mainly from unrealized gains on gold, while paying a 0.17% annualized Sponsor’s Fee in gold.
abrdn Gold ETF Trust (SGOL) reported strong Q3 2025 results driven by higher gold prices and net creations. Net assets rose to $6,240,323,000 at September 30, 2025, up from $5,167,662,679 at June 30, 2025. NAV per share increased 16.29% to $36.47 as the LBMA Gold Price PM advanced 16.36% to $3,825.30 per ounce.
The Trust held 1,638,228.9 ounces of gold at quarter-end, up from 1,438,867.8 ounces at December 31, 2024. Q3 activity included 8.9 million shares created and 2.6 million redeemed, ending with 171.1 million shares outstanding on September 30. As of November 6, 2025, shares outstanding were 176,300,000.
Q3 change in net assets from operations was $871,857,410, reflecting an $821,650,317 unrealized gain on gold, realized gains tied to redemptions and expenses, and the Sponsor’s Fee of $2,400,923. The annualized expense ratio remained 0.17%. Year to date, NAV per share rose 46.35% from $24.92 at December 31, 2024, supported by a 46.52% increase in the LBMA Gold Price PM.