PHYS Profile
Sprott Physical Gold Trust (PHYS) is a closed-end fund that invests in physical gold bullion and is designed to provide investors with a secure and convenient way to invest in gold. The fund is structured as a trust and holds gold bars in secure vaults located in Canada.
As of its last market close, PHYS had a market capitalization of approximately $4.6 billion USD. The fund had net assets of approximately $4.8 billion USD and held approximately 10.6 million ounces of gold bullion. PHYS's stock price had a 52-week range of $14.10 - $17.93 USD and was trading at approximately $15.76 USD at the time of its last market close.
Sprott Physical Gold Trust is focused on providing investors with exposure to the price of gold and preserving the value of their investments through the ownership of physical gold bullion. The fund is also committed to enhancing its operational efficiency and improving its financial performance.
Investing in PHYS carries risks, including risks associated with changes in the price of gold, as well as risks associated with changes in economic and political conditions. Additionally, Sprott Physical Gold Trust is subject to regulatory and environmental risks, including risks associated with changes in tax and accounting regulations. Investors should carefully consider these risks before making any investment decisions.
|
