The Sprott Physical Gold Trust Fund is a closed end fund that holds physical gold.
It has traded at as much as a 23% premium to the value of the gold held by the trust.
As of yesterday the premium was 0.03%, intraday it is trading at a discount:
Net Asset Value
| Net Asset Value per Unit* | $11.92 | |
| Premium/Discount Calculation | .03% | |
| (In U.S. Dollars. Data last updated Monday, April 22, 2013 6:00 PM EST)
Premium/Discount Calculation is calculated using the mid-point of the trust unit's bid-ask price at the close of trading and the calculation of premium or discount of that price, expressed as a percentage, to the trust unit's Net Asset Value as calculated by the Valuation Agent for that same day. |
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| Intraday Indicative Value** | $11.81 | |
| Intraday Premium/Discount Calculation | -0.13% | |
| (Data last updated Tuesday, April 23, 2013 3:42 PM EST) Intraday Premium/Discount Calculation is the premium/discount expressed as percentage of the trust unit's Last Traded Price against the Intraday Indicative Value. Intraday data only populates during active market trading hours. |
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| Units Outstanding | 195,368,723 | |
| Previous Closing Price | $11.93 | |
| Trading Volume | 2,716,822 | |
| Total Ounces of Gold held within Trust | 1,616,832 | |
| Total Market Value of Gold held within Trust | $2,306,330,410 | |
| Total Net Asset Value of Trust | $2,329,077,404 | |
| (In U.S. Dollars. Data last updated Monday, April 22, 2013 6:00 PM EST) | ||
* Includes value of cash reserve held within Trust
for ongoing expenses.
** The IIVS calculated and disseminated and any
other data disseminated by NYSE Arca or any of its affiliates or
agents are for informational purposes only and are not intended for
trading purposes. As such, the IIVS and other data disseminated by
NYSE Arca are provided on an "as is" basis. NYSE Arca makes no
warranty, express or implied, relating to the IIVS, data or
information covered by this agreement, or as to results to be
attained by customer and the redeemable trust units or others from
the use of the IIVS or data, including, but not limited to, express
or implied warranties of merchantability, fitness for a particular
purpose or use, title or noninfringement. NYSE Arca does not
warrant that the IIVS and data will be uninterrupted or error-free,
that defects will be corrected, or that the IIVS and data are free
of viruses or other harmful components. NYSE Arca does not warrant
or represent the use of the IIVS or data in terms of their
correctness, accuracy, reliability or otherwise.
If you are betting on Armageddon go buy some junk silver coins.
It's easier to make change when you buy your hundredweight of survival flour.
