Company: GLDW
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001437749-25-015076
Chunk: 4

Company: World Gold Trust
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 8
Chunk 4
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’s of US$)   2025    2024  
 Gold receivable  $-  $- 

     2.7.  Gold Payable  

Gold payable represents the quantity of gold covered by contractually binding orders for the redemption of Shares where the gold has not yet been transferred out of GLDM’s account. Generally, ownership of the gold is transferred within one business day of the trade date.  

        Mar-31,    Sep-30,  
 (Amounts in 000’s of US$)   2025    2024  
 Gold payable  $-  $52,121 

     2.8.  Creations and Redemptions of Shares  
   GLDM creates and redeems Shares from time to time, but only in one or more Creation Units (a Creation Unit equals a block of 100,000 Shares). GLDM issues Shares in Creation Units to certain authorized participants (“Authorized Participants”) on an ongoing basis. The creation and redemption of Creation Units is only made in exchange for the amount of gold and any cash represented by the Creation Units being created or redeemed. This amount will be based on the combined net asset value of the number of Shares included in the Creation Units being created or redeemed determined on the day the order to create or redeem Creation Units is properly received.  

        13

	As the Shares are redeemable in Creation Units at the option of the Authorized Participants, GLDM has classified the Shares as Net Assets for financial reporting purposes. Changes in the Shares for the six months ended March 31, 2025 and 2024 are as follows:  

        Six Months    Six Months  
   Ended    Ended  
 (Amounts are in 000’s)   Mar-31, 2025    Mar-31, 2024  
 Activity in Number of Shares Created and Redeemed:         
 Creations   57,300   17,400 
 Redemptions   (17,700)  (13,600)
 Net Change in Number of Shares Created and Redeemed   39,600   3,800 

        Six Months    Six Months  
   Ended    Ended  
 (Amounts in 000’s of US$)   Mar-31, 2025    Mar-31, 2024  
 Activity in Value of