Company: GLDW
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001437749-25-025001
Chunk: 5

Company: World Gold Trust
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 5
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 Value of Shares Created and Redeemed:         
 Creations  $5,400,172  $1,454,404 
 Redemptions   (1,364,045)  (1,249,711)
 Net change in Value of Shares Created and Redeemed  $4,036,127  $204,693 

    2.9.  Income and Expense (Amounts in 000’s of US$)  
   The Administrator will, at the direction of the Sponsor, sell GLDM’s gold as necessary to pay its expenses. When selling gold to pay expenses, the Administrator will endeavor to sell the smallest amount of gold needed to pay expenses in order to minimize GLDM’s holdings of assets other than gold. Unless otherwise directed by the Sponsor, the Administrator will give a sell order and sell gold to the Custodians at the LBMA Gold Price PM following the sell order. A gain or loss is recognized based on the difference between the selling price and the average cost of the gold sold, and such amounts are reported as net realized gain/(loss) from investment in gold sold to pay Sponsor expenses on the Statement of Operations.   GLDM’s net realized and change in unrealized gain/(loss) on investment in gold for the three and nine months ended June 30, 2025 of $712,635 and $2,544,624, respectively, is made up of a realized gain/(loss) of $1,073 and $2,389, respectively, from the sale of gold to pay Sponsor fees, a realized gain/(loss) of $127,783 and $383,717, respectively, from gold distributed for the redemption of shares, and a change in unrealized gain/(loss) of $583,779 and $2,158,518, respectively, on investment in gold.   GLDM’s net realized and change in unrealized gain/(loss) on investment in gold for the three and nine months ended June 30, 2024 of $371,867 and $1,430,999, respectively, is made up of a realized gain/(loss) of $399 and $751, respectively, from the sale of gold to pay Sponsor fees, a realized gain/(loss) of $157,765 and $214,919, respectively, from gold distributed for the redemption of shares, and a change in unrealized gain/(loss) of $213,703 and $1,215,329