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Sprott Physical Gold Trust (NYSE Arca: PHYS)

PHYS provides investors with exposure to physical gold at a time when demand is high, causing excessive premiums on coins and bars.

Don’t Overpay for Gold

The Sprott Physical Gold Trust (NYSE Arca: PHYS) currently holds 3,290,562 ounces of gold*. PHYS provides investors with exposure to physical gold at a time when demand is high, causing excessive premiums for coins and bars.
*As of November 30, 2024.

One ounce gold coins have been priced for $2,795.89 when spot gold trades for $2,645.35.19 an ounce – a 5.69% markup

Gold coins
*Prices as of December 2, 2024

6 Reasons to Own the Sprott Physical Gold Trust

1. Fully Allocated Gold

The Trust only holds fully allocated and unencumbered gold — no exceptions. PHYS exclusively invests in London Good Delivery ("LGD") physical gold bullion.

2. Redeemable for Metals

Unitholders can redeem their units for physical gold bullion on a monthly basis, subject to certain minimum requirements. 

3. Trustworthy Storage

The Trust's metal will be held in custody by the Royal Canadian Mint, a Federal Crown Corporation of the Government of Canada. There is no levered financial institution between the unitholders and the Trust's physical bullion and no risk of financial loss in the event of a bankruptcy or nationalization of the financial institution.

4. Potential Tax Advantage

The Trust offers a potential tax advantage for certain non-corporate U.S. investors. Gains realized on the sale of the Trust’s units can be taxed at a capital gains rate of 15%/20%1 versus the 28% collectibles rate applied to most precious metals ETFs, coins and bars.

5. Easy to Buy, Sell and Own

Trust units can be purchased on any open trading day for the New York Stock Exchange or Toronto Stock Exchange. No need for investors to handle, secure or protect the physical metal.

6. A Liquid Investment

Trust units are highly liquid, with average daily trading volume of $40 million, and can be sold on any open trading day for the New York Stock Exchange or Toronto Stock Exchange.

115% long-term capital gains tax rate for single filers; 20% long-term capital gains tax rate for married filers. For more details, please see Tax Information and always consult your tax accountant regarding your particular situation.

Contact Us

For all Bullion inquiries:

Telephone: 888.622.1813

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Important Disclosure

Sprott Physical Gold Trust (the “Trust”) is a closed-end fund established under the laws of the Province of Ontario in Canada. The Trust is available to U.S. investors by way of a listing on the NYSE Arca pursuant to the U.S. Securities Exchange Act of 1934. The Trust is not registered as an investment company under the U.S. Investment Company Act of 1940.

The Trust is generally exposed to the multiple risks that have been identified and described in the prospectus. Please refer to the prospectus for a description of these risks. Relative to other sectors, precious metals and natural resources investments have higher headline risk and are more sensitive to changes in economic data, political or regulatory events, and underlying commodity price fluctuations. Risks related to extraction, storage and liquidity should also be considered.

Gold and precious metals are referred to with terms of art like store of value, safe haven and safe asset. These terms should not be construed to guarantee any form of investment safety. While “safe” assets like gold, Treasuries, money market funds and cash generally do not carry a high risk of loss relative to other asset classes, any asset may lose value, which may involve the complete loss of invested principal.

All data is in U.S. dollars unless otherwise noted. 

Past performance is not an indication of future results. The information provided is general in nature and is provided with the understanding that it may not be relied upon as, nor considered to be tax, legal, accounting or professional advice. Readers should consult with their own accountants and/or lawyers for advice on their specific circumstances before taking any action. Sprott Asset Management LP is the investment manager to the Trust. Important information about the Trust, including the investment objectives and strategies, applicable management fees, and expenses, is contained in the prospectus. Please read the prospectus carefully before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or operational charges or income taxes payable by any unitholder that would have reduced returns. You will usually pay brokerage fees to your dealer if you purchase or sell units of the Trust on the Toronto Stock Exchange (“TSX”) or the New York Stock Exchange (“NYSE”). If the units are purchased or sold on the TSX or the NYSE, investors may pay more than the current net asset value when buying units of the Trust and may receive less than the current net asset value when selling them. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. The information contained herein does not constitute an offer or solicitation to anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized.

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