UNITEDSTATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.20549

FORM 10-Q

|        |                                                                                                                                        |
|--------|----------------------------------------------------------------------------------------------------------------------------------------|
|   | Quarterly reportpursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934for the quarterly period ended December 31, 2006 |

|        |                                                                                                                                  |
|--------|----------------------------------------------------------------------------------------------------------------------------------|
|   | Transition report pursuant to Section 13 or15(d) of the Securities Exchange Act of 1934 for the transition periodfrom ____to ___ |

Commission file number: 001-32356

streetTRACKS® GOLD TRUSTSPONSORED BY WORLD GOLDTRUST SERVICES, LLC

(Exact Name ofRegistrant as Specified in Its Charter)

|                                                              |  |  |                                     |
|--------------------------------------------------------------|--|--|-------------------------------------|
| NewYork                                                      |  |  | 81-6124035                          |
| (State or OtherJurisdiction ofIncorporation or Organization) |  |  | (I.R.S.Employer Identification No.) |
|                                                              |

c/o World GoldTrust Services, LLC444 Madison Avenue, 3rd FloorNew York, NewYork 10022

(Address of PrincipalExecutive Offices)

(212) 317-3800

(Registrant’s Telephone Number,Including Area Code)

N/A

(FormerName, Former Address and Former Fiscal Year, if Changed Since LastReport)

Indicate by check mark whether the registrant:(1) has filed all reports required to be filed by Section 13or 15(d) of the Securities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required tofile such reports), and (2) has been subject to such filingrequirements for the past 90 days.

Yes              No  

Indicate by check mark whether the registrant is a largeaccelerated filer, an accelerated filer, or a non-accelerated filer.See definition of ‘‘accelerated filer and large acceleratedfiler’’ in Rule 12b-2 of the Exchange Act. (Checkone):

Large acceleratedfiler             Acceleratedfiler            Non-accelerated filer    

Indicate by check mark whether the registrant is a shellcompany (as defined in Rule 12b-2 of the ExchangeAct).

Yes              No  

Asof February 7, 2007 the Registrant had 149,700,000 sharesoutstanding.

----

streetTRACKS®GOLDTRUSTINDEX

|                               |  |  |                                                                                                                                                     |  |    |      |  |    |  |
|-------------------------------|--|--|-----------------------------------------------------------------------------------------------------------------------------------------------------|--|----|------|--|----|--|
|                          |  |  |                                                                                                                                                |  |    | Page |
| PARTI - FINANCIAL INFORMATION |  |  |                                                                                                                                                     |  | 1  |      |
| Item1.                        |  |  | FinancialStatements (unaudited)                                                                                                                     |  |    |      |  | 1  |  |
|                          |  |  | CondensedStatements of Condition at December 31, 2006 and September 30,2006                                                                         |  |    |      |  | 1  |  |
|                          |  |  | Condensed Statements ofOperations for the three months ending December 31, 2006 and2005                                                             |  |    |      |  | 2  |  |
|                          |  |  | Condensed Statements ofCash Flows for the three months ending December 31, 2006 and2005                                                             |  |    |      |  | 3  |  |
|                          |  |  | CondensedStatements of Changes in Shareholders’ Deficit for the threemonths ended December 31,  2006 and for the year ended September30, 2006 |  |    |      |  | 4  |  |
|                          |  |  | Notes to the UnauditedCondensed Financial Statements                                                                                                |  |    |      |  | 5  |  |
| Item2.                        |  |  | Management’s Discussion and Analysis of FinancialCondition and     Results ofOperations                                   |  |    |      |  | 11 |  |
| Item 3.                       |  |  | Quantitative and QualitativeDisclosures About Market Risk                                                                                 |  |    |      |  | 16 |  |
| Item 4.                       |  |  | Controls andProcedures                                                                                                                              |  |    |      |  | 17 |  |
| PART II -OTHER INFORMATION    |  |  |                                                                                                                                                     |  | 18 |      |
| Item1.                        |  |  | LegalProceedings                                                                                                                                    |  |    |      |  | 18 |  |
| Item1A.                       |  |  | Risk Factors                                                                                                                                        |  |    |      |  | 18 |  |
| Item2.                        |  |  | Unregistered Sales of Equity Securities and Use ofProceeds                                                                                          |  |    |      |  | 18 |  |
| Item3.                        |  |  | Defaults Upon Senior Securities                                                                                                                     |  |    |      |  | 18 |  |
| Item 4.                       |  |  | Submission of Matters to a Vote ofSecurity Holders                                                                                                  |  |    |      |  | 18 |  |
| Item5.                        |  |  | Other Information                                                                                                                                   |  |    |      |  | 18 |  |
| Item 6.                       |  |  | Exhibits and Reports on Form8-K                                                                                                                |  |    |      |  | 18 |  |
| SIGNATURES                    |  |  |                                                                                                                                                     |  | 19 |      |
|                               |

i

----

streetTRACKS®GOLD TRUST

PART I - FINANCIALINFORMATION:

Item 1.    Financial Statements(Unaudited)

Unaudited Condensed Statements of Condition

at December 31, 2006 and September 30,2006

|                                                                      |  |  |             |   |            |                |  |  |  |   |            |   |
|----------------------------------------------------------------------|--|--|-------------|---|------------|----------------|--|--|--|---|------------|---|
| (Amountsin 000’s of US$ except for sharedata)                  |  |  | Dec-31,2006 |   |            | Sep-30,2006(1) |
| ASSETS                                                               |  |  |             |   |       |                |  |  |  |   |       |   |
| InvestmentinGold(2)                                                  |  |  |             | $ | 7,527,637  |                |  |  |  | $ | 6,200,226  |   |
| Goldreceivable                                                       |  |  |             |   | 25,217     |                |  |  |  |   | —    |   |
| TotalAssets                                                          |  |  |             | $ | 7,552,854  |                |  |  |  | $ | 6,200,226  |   |
| LIABILITIES                                                          |  |  |             |   |       |                |  |  |  |   |       |   |
| Accountspayable to relatedparties                                    |  |  |             | $ | 2,731      |                |  |  |  | $ | 2,339      |   |
| Accountspayable                                                      |  |  |             |   | 225        |                |  |  |  |   | 107        |   |
| Accruedexpenses                                                      |  |  |             |   | —    |                |  |  |  |   | 247        |   |
| TotalLiabilities                                                     |  |  |             |   | 2,956      |                |  |  |  |   | 2,693      |   |
| CommitmentsandContingencies                                          |  |  |             |   | —    |                |  |  |  |   | —    |   |
| RedeemableShares:                                                    |  |  |             |   |       |                |  |  |  |   |       |   |
| Shares at redemption value to investors(3)                           |  |  |             |   | 9,260,544  |                |  |  |  |   | 7,441,489  |   |
| Shareholders’Deficit                                           |  |  |             |   | (1,710,646 | )              |  |  |  |   | (1,243,956 | ) |
| TotalLiabilities, Redeemable Shares & Shareholders’Deficit |  |  |             | $ | 7,552,854  |                |  |  |  | $ | 6,200,226  |   |
|                                                                      |

|  |
|--|
|  |  |
|  |

|     |                                                                      |
|-----|----------------------------------------------------------------------|
| (1) | Derivedfrom audited statement of condition as of September  30,2006. |

|     |                                                                                                                  |
|-----|------------------------------------------------------------------------------------------------------------------|
| (2) | The market value of Investments inGold at December 31, 2006 is $9,238,283 and at September  30,2006, $7,444,182. |

|     |                                                                                                                                                                              |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | Authorized share capitalis unlimited and shares par value is $0.00. Shares issued andoutstanding at December 31, 2006 are 146,900,000 and at September 30,2006, 125,100,000. |

See notes to the unauditedcondensed financial statements

1

----

streetTRACKS®GOLD TRUST

Unaudited Condensed Statements ofOperations

For the three months ending December 31, 2006and 2005

|                                                                    |  |  |                             |   |         |                             |  |  |  |   |         |   |
|--------------------------------------------------------------------|--|--|-----------------------------|---|---------|-----------------------------|--|--|--|---|---------|---|
| (Amountsin 000’s of US$, except for share and per sharedata) |  |  | ThreeMonthsEndedDec-31,2006 |   |         | ThreeMonthsEndedDec-31,2005 |
| REVENUES                                                           |  |  |                             |   |    |                             |  |  |  |   |    |   |
| Proceedsfrom sales ofgold                                          |  |  |                             | $ | 8,045   |                             |  |  |  | $ | 3,217   |   |
| Cost of gold soldto payexpenses                                    |  |  |                             |   | (6,672  | )                           |  |  |  |   | (2,970  | ) |
| Gainon gold sold to payexpenses                                    |  |  |                             |   | 1,373   |                             |  |  |  |   | 247     |   |
| Gain on golddistributed for the redemption ofshares                |  |  |                             |   | 3,757   |                             |  |  |  |   | — |   |
| TotalGain ongold                                                   |  |  |                             | $ | 5,130   |                             |  |  |  | $ | 247     |   |
| EXPENSES                                                           |  |  |                             |   |    |                             |  |  |  |   |    |   |
| Custodyfees                                                        |  |  |                             | $ | 1,538   |                             |  |  |  | $ | 874     |   |
| Trusteefees                                                        |  |  |                             |   | 415     |                             |  |  |  |   | 174     |   |
| Sponsorfees                                                        |  |  |                             |   | 2,898   |                             |  |  |  |   | 1,131   |   |
| Marketing agentfees                                                |  |  |                             |   | 2,898   |                             |  |  |  |   | 1,131   |   |
| Otherexpenses                                                      |  |  |                             |   | 557     |                             |  |  |  |   | 167     |   |
| Totalexpenses                                                      |  |  |                             |   | 8,306   |                             |  |  |  |   | 3,477   |   |
| NetLoss                                                            |  |  |                             | $ | (3,176  | )                           |  |  |  | $ | (3,230  | ) |
| Losspershare                                                       |  |  |                             | $ | (0.02   | )                           |  |  |  | $ | (0.05   | ) |
| Weightedaverage number of shares(000’s)                      |  |  |                             |   | 135,146 |                             |  |  |  |   | 71,367  |   |
|                                                                    |

Seenotes to the unaudited condensed financial statements

2

----

streetTRACKS®GOLD TRUST

Unaudited Condensed Statements of CashFlows

For the three months ending December 31, 2006 and2005

|                                                                            |  |  |                             |   |           |                             |  |  |  |   |         |   |
|----------------------------------------------------------------------------|--|--|-----------------------------|---|-----------|-----------------------------|--|--|--|---|---------|---|
| (Amountsin 000’s of US$)                                             |  |  | ThreeMonthsEndedDec-31,2006 |   |           | ThreeMonthsEndedDec-31,2005 |
| INCREASE/ DECREASE IN CASH FROMOPERATIONS:                                 |  |  |                             |   |      |                             |  |  |  |   |    |   |
| Cash proceedsreceived from sales ofgold                                    |  |  |                             | $ | 8,045     |                             |  |  |  | $ | 3,217   |   |
| Cashexpensespaid                                                           |  |  |                             |   | (8,045    | )                           |  |  |  |   | (3,217  | ) |
| (Decrease)/ Increase in cash resulting fromoperations                      |  |  |                             |   | —   |                             |  |  |  |   | — |   |
| Cashand cash equivalents at beginning ofperiod                             |  |  |                             |   | —   |                             |  |  |  |   | — |   |
| Cashand cash equivalents at end ofperiod                                   |  |  |                             | $ | —   |                             |  |  |  | $ | — |   |
| SUPPLEMENTALDISCLOSURE OF NON-CASH FINANCINGACTIVITIES:                    |  |  |                             |   |      |                             |  |  |  |   |    |   |
| Value of goldreceived for creation of shares — net of goldreceivable |  |  |                             | $ | 1,359,033 |                             |  |  |  | $ | 642,079 |   |
| Valueof gold distributed for redemption of shares - at averagecost         |  |  |                             | $ | 24,803    |                             |  |  |  | $ | — |   |
|                                                                            |

|                                                                                |  |  |                             |   |            |                             |  |  |  |   |          |   |
|--------------------------------------------------------------------------------|--|--|-----------------------------|---|------------|-----------------------------|--|--|--|---|----------|---|
| (Amountin 000’s of US$)                                                  |  |  | ThreeMonthsEndedDec-31,2006 |   |            | ThreeMonthsEndedDec-31,2005 |
| RECONCILIATIONOF NET LOSS TO NET CASH PROVIDED BY OPERATINGACTIVITIES          |  |  |                             |   |       |                             |  |  |  |   |     |   |
| Netloss                                                                        |  |  |                             | $ | (3,176     | )                           |  |  |  | $ | (3,230   | ) |
| Adjustmentsto reconcile net income to net cash provided by operatingactivities |  |  |                             |   |       |                             |  |  |  |   |     |   |
| Increase in goldassets                                                         |  |  |                             |   | (1,327,411 | )                           |  |  |  |   | (639,109 | ) |
| Increasein goldreceivable                                                      |  |  |                             |   | (25,217    | )                           |  |  |  |   | (255,363 | ) |
| Increasein accountspayable                                                     |  |  |                             |   | 263        |                             |  |  |  |   | 260      |   |
| Increase/(decrease)in redeemableshares                                         |  |  |                             |   |       |                             |  |  |  |   |     |   |
| Creations                                                                      |  |  |                             |   | 1,384,101  |                             |  |  |  |   | 897,442  |   |
| Redemptions                                                                    |  |  |                             |   | (28,560    | )                           |  |  |  |   | —  |   |
| Netcash provided by operatingactivities                                        |  |  |                             | $ | —    |                             |  |  |  | $ | —  |   |
|                                                                                |

Seenotes to the unaudited condensed financial statements

3

----

streetTRACKS®GOLD TRUST

Unaudited Condensed Statements of Changesin Shareholders’ Deficit

For the three months endedDecember 31, 2006 and for the year ended September 30,2006

|                                                   |  |  |                              |   |            |                       |  |  |  |   |            |   |
|---------------------------------------------------|--|--|------------------------------|---|------------|-----------------------|--|--|--|---|------------|---|
| (Amountsin 000’s of US$)                    |  |  | ThreeMonthsEndedDec-31, 2006 |   |            | Year endedSep-30,2006 |
| Shareholders’ Deficit - OpeningBalance      |  |  |                              | $ | (1,243,956 | )                     |  |  |  | $ | (245,610   | ) |
| NetGain/(Loss) for theperiod                      |  |  |                              |   | (3,176     | )                     |  |  |  |   | 135,210    |   |
| Adjustment ofRedeemable Shares to redemptionvalue |  |  |                              |   | (463,514   | )                     |  |  |  |   | (1,133,556 | ) |
| Shareholders’Deficit - Closingbalance       |  |  |                              | $ | (1,710,646 | )                     |  |  |  | $ | (1,243,956 | ) |
|                                                   |

Seenotes to the unaudited condensed financialstatements

4

----

streetTRACKS®GOLD TRUST    

Notes to the UnauditedCondensed FinancialStatements

1.    Organization

The streetTRACKS® Gold Trust (the‘‘Trust’’) is an investment trust formed onNovember 12, 2004 (Date of Inception), under New York law pursuant to atrust indenture. The fiscal year end for the Trust is September 30th.The Trust holds gold and is expected from time to time to issue shares(‘‘Shares’’) (in minimum blocks of 100,000Shares, also referred to as ‘‘Baskets’’) inexchange for deposits of gold and to distribute gold in connection withredemption of Baskets. The investment objective of the Trust is for theShares to reflect the performance of the price of gold bullion, lessthe Trust’s expenses.

The statements of condition atDecember 31, 2006 and September 30, 2006 and the statements of changesin shareholders’ deficit for the three months ended December 31,2006 and the year ended September  30, 2006 and the statements ofoperations and of cash flows for the three months ending December 31,2006 and 2005 have been prepared on behalf of the Trust without audit.In the opinion of management of the sponsor of the Trust, World GoldTrust Services, LLC (the ‘‘Sponsor’’), alladjustments (which include normal recurring adjustments) necessary topresent fairly the financial position, results of operations and cashflows as of and for the three months ended December 31, 2006 and forall periods presented have been made.

Certain information andfootnote disclosures normally included in financial statements preparedin accordance with accounting principles generally accepted in theUnited States of America have been condensed or omitted. It issuggested that these condensed financial statements be read inconjunction with the financial statements and notes thereto included inthe Trust’s Annual Report on Form 10-K for the fiscal year endedSeptember 30, 2006. The results of operations for the three monthsended December 31, 2006 are not necessarily indicative of the operatingresults for the fullyear.

2.    Significantaccounting policies

The preparation of financial statements inaccordance with accounting principles generally accepted in the UnitedStates requires those responsible for preparing financial statements tomake estimates and assumptions that affect the reported amounts anddisclosures. Actual results could differ from those estimates. Thefollowing is a summary of significant accounting policies followed bythe Trust.

2.1.    Valuation of Gold

Gold  isheld by HSBC Bank USA, N.A., or the Custodian, on behalf of the Trustand is valued, for financial statement purposes, at the lower of costor market.   The cost of gold is determined according to theaverage cost method and the market value is based on the London Fixused to determine the Net Asset Value of the Trust.   Realizedgains and losses on sales of gold,  or gold distributed for theredemption of shares, are  calculated on a trade datebasis  using average cost.

The table below summarizes theimpact of unrealized gains or losses on the Trust’s gold holdingsas of December 31, 2006 and September 30,2006:

|                                     |  |  |             |   |           |             |  |  |  |   |           |  |
|-------------------------------------|--|--|-------------|---|-----------|-------------|--|--|--|---|-----------|--|
| (Amountsin 000’s ofUS$)       |  |  | Dec-31,2006 |   |           | Sep-30,2006 |
| Investmentin gold - averagecost     |  |  |             | $ | 7,552,854 |             |  |  |  | $ | 6,200,226 |  |
| Unrealizedgain on investment ingold |  |  |             |   | 1,710,646 |             |  |  |  |   | 1,243,956 |  |
| Goldreceivable                      |  |  |             |   | (25,217   | )           |  |  |  |   | —   |  |
| Investmentin gold - marketvalue     |  |  |             | $ | 9,238,283 |             |  |  |  | $ | 7,444,182 |  |
|                                     |

TheTrust recognizes the diminution in value of the investment in goldwhich arises from market declines on an interim basis. Increases in thevalue of the same investment in gold in later interim periods of thesame fiscal year through market price recoveries are recognized in thelater interim period. Increases in value recognized on an interim basisdo not exceed the previously recognized diminution in value.

5

----

streetTRACKS®GOLD TRUST    

Notes to the UnauditedCondensed FinancialStatements

2.    Significantaccounting policies   (continued)

2.2    Gold receivable

Goldreceivable represents the quantity of gold covered by contractuallybinding orders for the creation of shares where the gold has not yetbeen transferred to the Trust’s account. Generally, ownership ofthe gold is transferred within three days of trade date. As of December31, 2006, there was $25,216,705 gold receivable and as at September 30,2006 there was nil gold receivable.

2.3    Creations andRedemptions of Shares

The Trust will create and redeem Sharesfrom time to time, but only in one or more Baskets (a Basket equals ablock of 100,000 Shares). The creation and redemption of Baskets willonly be made in exchange for the delivery to the Trust or thedistribution by the Trust of the amount of gold and any cashrepresented by the Baskets being created or redeemed, the amount ofwhich will be based on the combined net asset value of the number ofShares included in the Baskets being created or redeemed determined onthe day the order to create or redeem Baskets is properly received.

As the Shares of the Trust are redeemable at the option of theAuthorized Participants only in Baskets, the Trust has classified theShares as Redeemable Shares on the Statement of Financial Condition.The Trust records the redemption value, which represents its maximumobligation, as Redeemable Shares with the difference from cost as anoffsetting amount to Shareholders’ Equity/(Deficit). Changes inthe shares for the three months ended December 31, 2006 and for theyear ending September 30, 2006, are as follows:

|                                 |  |  |             |  |         |             |  |  |  |  |         |   |
|---------------------------------|--|--|-------------|--|---------|-------------|--|--|--|--|---------|---|
| (Allamounts are in 000’s) |  |  | Dec-31,2006 |  |         | Sep-30,2006 |
| Numberof Redeemable Shares:     |  |  |             |  |    |             |  |  |  |  |    |   |
| OpeningBalance                  |  |  |             |  | 125,100 |             |  |  |  |  | 66,900  |   |
| Creations                       |  |  |             |  | 22,300  |             |  |  |  |  | 68,400  |   |
| Redemptions                     |  |  |             |  | (500    | )           |  |  |  |  | (10,200 | ) |
| ClosingBalance                  |  |  |             |  | 146,900 |             |  |  |  |  | 125,100 |   |
|                                 |

|                                |  |  |             |   |           |              |  |  |  |   |           |   |
|--------------------------------|--|--|-------------|---|-----------|--------------|--|--|--|---|-----------|---|
| (Amountsin 000’s of US$) |  |  | Dec-31,2006 |   |           | Sep-30, 2006 |
| Redeemableshares:              |  |  |             |   |      |              |  |  |  |   |      |   |
| OpeningBalance                 |  |  |             | $ | 7,441,489 |              |  |  |  | $ | 3,155,107 |   |
| Creations                      |  |  |             |   | 1,384,101 |              |  |  |  |   | 3,800,308 |   |
| Redemptions                    |  |  |             |   | (28,560   | )            |  |  |  |   | (647,482  | ) |
| Adjustmentto redemptionvalue   |  |  |             |   | 463,514   |              |  |  |  |   | 1,133,556 |   |
| ClosingBalance                 |  |  |             | $ | 9,260,544 |              |  |  |  | $ | 7,441,489 |   |
|                                |

2.4    RevenueRecognition Policy

The Bank of New York, or the Trustee, will,at the direction of the Sponsor or in its own discretion, sell theTrust’s gold as necessary to pay the Trust’s expenses. Whenselling gold to pay expenses, the Trustee will endeavor to sell thesmallest amounts of gold needed to pay expenses in order to minimizethe Trust’s holdings of assets other than gold. Unless otherwisedirected by the Sponsor, when selling gold the Trustee will endeavor tosell at the price established by the London PM Fix. The Trustee willplace orders with dealers (which may include the Custodian) throughwhich the Trustee expects to receive the most favorable price andexecution of orders. The Custodian may be the purchaser of such goldonly if the sale transaction is made at the next London gold price fix(either AM or PM) following the sale order. A gain or loss isrecognized based on the difference between the selling price and theaverage cost of the gold sold.

6

----

streetTRACKS®GOLD TRUST    

Notes to the UnauditedCondensed FinancialStatements

2.    Significantaccounting policies   (continued)

2.5    Income Taxes

The Trust isclassified as a ‘‘grantor trust’’ for USfederal income tax purposes. As a result, the Trust itself will not besubject to US federal income tax. Instead, the Trust’s income andexpenses will ‘‘flow through’’ to theShareholders, and the Trustee will report the Trust’s proceeds,income, deductions, gains, and losses to the Internal Revenue Serviceon that basis.

3    Investment inGold

The following represents the changes in ounces of gold andthe respective values for the three months ended December 31, 2006 andfor the year ending September 30,2006:

|                                                                                                        |  |  |                           |   |           |                       |  |  |  |   |           |   |
|--------------------------------------------------------------------------------------------------------|--|--|---------------------------|---|-----------|-----------------------|--|--|--|---|-----------|---|
| (Ouncesof gold are in 000’s and value of gold is in 000’s ofUS$)                           |  |  | 3 months endedDec-31,2006 |   |           | Year endedSep-30,2006 |
| Ounces ofGold:                                                                                         |  |  |                           |   |      |                       |  |  |  |   |      |   |
| OpeningBalance                                                                                         |  |  |                           |   | 12,422.5  |                       |  |  |  |   | 6,669.3   |   |
| Creations(excluding gold receivable at December 31, 2006 - 39.7 ounces, andat September 30, 2006 -nil) |  |  |                           |   | 2,172.7   |                       |  |  |  |   | 6,805.2   |   |
| Redemptions                                                                                            |  |  |                           |   | (49.6     | )                     |  |  |  |   | (1,013.6  | ) |
| Salesofgold                                                                                            |  |  |                           |   | (13.2     | )                     |  |  |  |   | (38.4     | ) |
| ClosingBalance                                                                                         |  |  |                           |   | 14,532.4  |                       |  |  |  |   | 12,422.5  |   |
| Investmentin Gold (lower of cost ormarket):                                                            |  |  |                           |   |      |                       |  |  |  |   |      |   |
| OpeningBalance                                                                                         |  |  |                           | $ | 6,200,226 |                       |  |  |  | $ | 2,910,613 |   |
| Creations (excluding gold receivable at December 31, 2006 -$25,217, and at September 30, 2006 -nil)    |  |  |                           |   | 1,358,886 |                       |  |  |  |   | 3,800,308 |   |
| Redemptions                                                                                            |  |  |                           |   | (24,803   | )                     |  |  |  |   | (492,482  | ) |
| Salesof gold                                                                                           |  |  |                           |   | (6,672    | )                     |  |  |  |   | (18,213   | ) |
| Diminutionin value of investment ingold                                                                |  |  |                           |   | —   |                       |  |  |  |   | —   |   |
| ClosingBalance                                                                                         |  |  |                           | $ | 7,527,637 |                       |  |  |  | $ | 6,200,226 |   |
|                                                                                                        |

4    RelatedParties - Sponsor, Trustee, Custodian and Marketing Agent Fees

Fees are paid to the Sponsor as compensation for services performedunder the Trust Indenture and for services performed in connection withmaintaining the Trust’s website and marketing the Shares. TheSponsor’s fee is payable monthly in arrears and is accrued dailyat an annual rate equal to 0.15% of the adjusted net asset value(‘‘ANAV’’) of the Trust, subject to reductionas described below. The Sponsor will receive reimbursement from theTrust for all of its disbursements and expenses incurred in connectionwith the Trust.

Fees are paid to the Trustee, as compensationfor services performed under the Trust Indenture. The Trustee’sfee is payable monthly in arrears and is accrued daily at an annualrate equal to 0.02% of the ANAV of the Trust, subject to aminimum fee of $500,000 and a maximum fee of $2 million per year. TheTrustee’s fee is subject to modification as determined by theTrustee and the Sponsor in good faith to account for significantchanges in the Trust’s administration or the Trustee’sduties. The Trustee will charge the Trust for its expenses anddisbursements incurred in connection with the Trust (including theexpenses of the Custodian paid by the Trustee), exclusive of fees ofagents for services to be performed by the Trustee, and for anyextraordinary services performed by the Trustee for the Trust.

Affiliates of the Trustee may from time to time act as AuthorizedParticipants or purchase or sell gold or Shares for their own account,as agent for their customers and for accounts over which they exerciseinvestment discretion.

7

----

streetTRACKS®GOLD TRUST    

Notes to the UnauditedCondensed FinancialStatements

4    RelatedParties - Sponsor, Trustee, Custodian and Marketing Agent Fees   (continued)

Fees are paid to the Custodian under theAllocated Bullion Account Agreement as compensation for its custodyservices. Under the Allocated Bullion Account Agreement, the Custodianis entitled to a fee that is accrued daily at an annual rate equal to0.10% of the average daily aggregate value of the gold held inthe Trust’s allocated gold account (Trust Allocated Account) andthe Trust’s unallocated gold account (Trust Unallocated Account),payable monthly in arrears. Effective April 1, 2006, theCustodian’s fee is computed at an annual rate equal to0.10% of the average daily aggregate value of the first 4.5million ounces of gold held in the Trust Allocated Account and theTrust Unallocated Account and 0.06% of the average dailyaggregate value of all gold held in the Trust Allocated Account and theTrust Unallocated Account in excess of 4.5 million ounces. TheCustodian does not receive a fee under the Unallocated Bullion AccountAgreement.

The Custodian and its affiliates may from time to timeact as Authorized Participants or purchase or sell gold or Shares fortheir own account, as agent for their customers and for accounts overwhich they exercise investment discretion.

Fees are paid to themarketing agent for the Trust, State Street Global Markets, LLC (the‘‘Marketing Agent’’) by the Trustee from theassets of the Trust as compensation for services performed pursuant tothe agreement between the Sponsor and the Marketing Agent (the‘‘Marketing Agent Agreement’’). The MarketingAgent’s fee is payable monthly in arrears and is accrued daily atan annual rate equal to 0.15% of the ANAV of the Trust, subjectto reduction as described below.

The Marketing Agent and itsaffiliates may from time to time act as Authorized Participants orpurchase or sell gold or Shares for their own account, as agent fortheir customers and for accounts over which they exercise investmentdiscretion.

For seven years from the date of the Trust Indentureor until the earlier termination of the Marketing Agent Agreement, ifat the end of any month during this period the estimated ordinaryexpenses of the Trust exceed an amount equal to 0.40% per yearof the daily ANAV of the Trust for such month, the fees payable to theSponsor and the Marketing Agent from the assets of the Trust for suchmonth will be reduced by the amount of such excess in equal shares upto the amount of their fees. Investors should be aware that if thegross value of the Trust’s assets is less than approximately $388million, the ordinary expenses of the Trust will be accrued at a rategreater than 0.40% per year of the daily ANAV of the Trust, evenafter the Sponsor and the Marketing Agent have completely reduced theircombined fees of 0.30% per year of the daily ANAV of the Trust.This amount is based on the estimated ordinary expenses of the Trustdescribed in ‘‘Business of the Trust—TrustExpenses’’ in the 10-K and may be higher if theTrust’s actual ordinary expenses exceed those estimates.Additionally, if the Trust incurs unforeseen expenses that cause thetotal ordinary expenses of the Trust to exceed 0.70% per year ofthe daily ANAV of the Trust, the ordinary expenses will accrue at arate greater than 0.40% per year of the daily ANAV of the Trust,even after the Sponsor and the Marketing Agent have completely reducedtheir combined fees of 0.30% per year of the daily ANAV of theTrust.

Upon the end of the seven year period or the earliertermination of the Marketing Agent Agreement, the fee reduction willexpire and the estimated ordinary expenses of the Trust which arepayable from the assets of the Trust each month may be more than theywould have been during the period when the fee reduction is in effect,thus reducing the NAV of the Trust more rapidly than if the feereduction was in effect and adversely affecting the value of theShares.

For the three months ended December 31, 2006 the feespayable to the Sponsor and the Marketing Agent from the assets of theTrust were reduced by $216,406. For the year ended September 30, 2006,the comparable reduction in fees was $762,125.

8

----

streetTRACKS®GOLD TRUST    

Notes to the UnauditedCondensed FinancialStatements

4    RelatedParties - Sponsor, Trustee, Custodian and Marketing Agent Fees   (continued)

Amounts Payable to Related parties andother accounts payable

|                                   |  |  |             |   |        |             |  |  |  |   |        |   |
|-----------------------------------|--|--|-------------|---|--------|-------------|--|--|--|---|--------|---|
| (Amountsin 000’s of US$)    |  |  | Dec-31,2006 |   |        | Sep-30,2006 |
| Payable to Custodian              |  |  |             | $ | (563   | )           |  |  |  | $ | (466   | ) |
| Payable toTrustee                 |  |  |             |   | (154   | )           |  |  |  |   | (123   | ) |
| Payable toSponsor                 |  |  |             |   | (1,007 | )           |  |  |  |   | (875   | ) |
| Payable toMarketingAgent          |  |  |             |   | (1,007 | )           |  |  |  |   | (875   | ) |
| AccountsPayable to relatedparties |  |  |             | $ | (2,731 | )           |  |  |  | $ | (2,339 | ) |
|                                   |

5    Concentrationof Risk

As defined by Statement of Position No. 94-6,Disclosure of Certain Significant Risks and Uncertainties, theTrust’s sole business activity is the investment in gold.Several factors could affect the price of gold: (i) global gold supplyand demand, which is influenced by such factors as forward selling bygold producers, purchases made by gold producers to unwind gold hedgepositions, central bank purchases and sales, and production and costlevels in major gold-producing countries such as South Africa, theUnited States and Australia; (ii) investors’ expectations withrespect to the rate of inflation; (iii) currency exchange rates; (iv)interest rates; (v) investment and trading activities of hedge fundsand commodity funds; and (vi) global or regional political, economic orfinancial events and situations.   In addition, there is noassurance that gold will maintain its long-term value in terms ofpurchasing power in the future.   In the event that the price ofgold declines, the Sponsor expects the value of an investment in theShares to decline proportionately.   Each of these events couldhave a material affect on the Trust’s financial position andresults of operations.

6    LegalProceedings

The Sponsor, the WGC, the Trust and the Trustee, asTrustee of the Trust, were named as defendants in a civil lawsuit filedby plaintiffs Gemini Diversified Holdings LLC and Dan Ascani in theSupreme Court of the State of New York, County of New York (Index No.119243/03). The complaint alleged breach of contract andmisappropriation of trade secrets under the Trade Secrets Act of theState of Georgia. In December 2006, the lawsuit was dismissed.

7    Indemnification

TheSponsor and its shareholders, members, directors, officers, employees,affiliates and subsidiaries are indemnified from the Trust and heldharmless against certain losses, liabilities or expenses incurred inthe performance of its duties under the Trust Indenture without grossnegligence, bad faith, willful misconduct, willful malfeasance orreckless disregard of the indemnified party’s obligations andduties under the Trust Indenture. Such indemnity includes payment fromthe Trust of the costs and expenses incurred in defending against anyclaim or liability under the Trust Indenture. Under the TrustIndenture, the Sponsor may be able to seek indemnification from theTrust for payments it makes in connection with the Sponsor’sactivities under the Trust Indenture to the extent its conduct does notdisqualify it from receiving such indemnification under the terms ofthe Trust Indenture. The Sponsor will also be indemnified from theTrust and held harmless against any loss, liability or expense arisingunder the Distribution Agreement with the Purchaser, the MarketingAgent Agreement or any agreement entered into with an AuthorizedParticipant which provides the procedures for the creation andredemption of Baskets and for the delivery of gold and any cashrequired for creations and redemptions insofar as such loss, liabilityor expense arises from any untrue statement or alleged untrue statementof a material fact contained in any written statement provided to theSponsor by the Trustee. Any amounts payable to the Sponsor are securedby a lien on the Trust.

9

----

streetTRACKS®GOLD TRUST    

Notes to the UnauditedCondensed FinancialStatements

7    Indemnification   (continued)

The Sponsor has agreed to indemnifycertain parties against certain liabilities and to contribute topayments that such parties may be required to make in respect of thoseliabilities. The Trustee has agreed to reimburse such parties, solelyfrom and to the extent of the Trust’s assets, for indemnificationand contribution amounts due from the Sponsor in respect of suchliabilities to the extent the Sponsor has not paid such amounts whendue. The Sponsor has agreed that, to the extent the Trustee pays anyamount in respect of the reimbursement obligations described in thepreceding sentence, the Trustee, for the benefit of the Trust, will besubrogated to and will succeed to the rights of the party so reimbursedagainst the Sponsor.

10

----

Item2.    Management’s Discussion and Analysis of FinancialCondition and Results of Operations

Thisinformation should be read in conjunction with the financial statementsand notes included in Item 1 of Part I of this QuarterlyReport. The discussion and analysis which follows may contain trendanalysis and other forward-looking statements within the meaning ofSection 21E of the Securities Exchange Act of 1934 which reflect ourcurrent views with respect to future events and financial results.Words such as ‘‘anticipate,’’‘‘expect,’’ ‘‘intend,’’‘‘plan,’’ ‘‘believe,’’‘‘seek,’’ ‘‘outlook’’and ‘‘estimate’’ as well as similar words andphrases signify forward-looking statements.streetTRACKS® Gold Trust’s forward-lookingstatements are not guarantees of future results and conditions andimportant factors, risks and uncertainties may cause our actual resultsto differ materially from those expressed in our forward-lookingstatements.

Trust Overview

streetTRACKS®Gold Trust is an investment trust that was formed on November 12, 2004(Date of Inception). The Trust issues baskets of shares, or Baskets, inexchange for deposits of gold and distributes gold in connection withthe redemption of Baskets. The investment objective of the Trust is forthe shares to reflect the performance of the price of gold bullion,less the expenses of the Trust’s operations. The shares aredesigned to provide investors with a cost effective and convenient wayto invest in gold.

Investing in the Shares does not insulate theinvestor from certain risks, including price volatility. The followingchart illustrates the movement in the price of the Shares against thecorresponding gold price (per 1/10 of an oz. of gold):

Valuationof Gold, Definition of Net Asset Value(‘‘NAV’’) and Adjusted Net Asset Value(‘‘ANAV’’)

As of the London PM Fix oneach day that the NYSE is open for regular trading or, if there is noLondon PM Fix on such day or the London PM Fix has not been announcedby 12:00 PM New York 

11

----

time on such day, as of 12:00 PM New Yorktime on such day (the ‘‘Evaluation Time’’), theBank of New York, the Trustee, evaluates the gold held by the Trust anddetermines both the ANAV and the NAV of the Trust.

At theEvaluation Time, the Trustee values the Trust’s gold on the basisof that day’s London PM Fix or, if no London PM Fix is made onsuch day or has not been announced by the Evaluation Time, the nextmost recent London gold price fix (AM or PM) determined prior to theEvaluation Time will be used, unless the Trustee, in consultation withthe Sponsor, determines that such price is inappropriate as a basis forevaluation. In the event the Trustee and the Sponsor determine that theLondon PM Fix or last prior London ‘‘fix’’ isnot an appropriate basis for evaluation of the Trust’s gold, theywill identify an alternative basis for such evaluation to be employedby the Trustee.

Once the value of the gold has been determined,the Trustee subtracts all estimated accrued but unpaid fees (other thanthe fees to be computed by reference to the value of the ANAV of theTrust or custody fees computed by reference to the value of gold heldin the Trust), expenses and other liabilities of the Trust from thetotal value of the gold and all other assets of the Trust (other thanany amounts credited to the Trust’s reserve account, ifestablished). The resulting figure is the ANAV of the Trust. The ANAVof the Trust is used to compute the fees of the Trustee, the Sponsorand the Marketing Agent.

To determine the Trust’s NAV, theTrustee subtracts from the ANAV of the Trust the amount of estimatedaccrued but unpaid fees computed by reference to the value of the ANAVof the Trust and computed by reference to the value of the gold held inthe Trust (i.e., the fees of the Trustee, the Sponsor, the MarketingAgent and the Custodian). The Trustee determines the NAV per Share bydividing the NAV of the Trust by the number of shares outstanding as ofthe close of trading on the NYSE.

Gold acquired, or disposed of,by the Trust is recorded at average cost. The table below summarizesthe impact of unrealized gains or losses on the Trust’s goldholdings at December 31, 2006 and September 30,2006:

|                                     |  |  |             |   |           |             |  |  |  |   |           |  |
|-------------------------------------|--|--|-------------|---|-----------|-------------|--|--|--|---|-----------|--|
| (Amountsin 000’s ofUS$)       |  |  | Dec-31,2006 |   |           | Sep-30,2006 |
| Investmentin gold - averagecost     |  |  |             | $ | 7,552,854 |             |  |  |  | $ | 6,200,226 |  |
| Unrealizedgain on investment ingold |  |  |             |   | 1,710,646 |             |  |  |  |   | 1,243,956 |  |
| Goldreceivable                      |  |  |             |   | (25,217   | )           |  |  |  |   | —   |  |
| Investmentin gold - marketvalue     |  |  |             | $ | 9,238,283 |             |  |  |  | $ | 7,444,182 |  |
|                                     |

CriticalAccounting Policy

Valuation of Gold

Goldis held by the Custodian on behalf of the Trust and is valued, forfinancial statement purposes, at the lower of cost or market.The cost of gold is determined according to the average cost method andthe market value is based on the London Fix used to determine the NetAsset Value of the Trust.   Realized gains and losses on sales ofgold,  or gold distributed for the redemption of shares,are  calculated on a trade date basis  using averagecost.

12

----

Review of Financial Results

Financial Highlights

|                                                                                                    |  |  |                              |   |        |                              |  |  |  |   |        |   |
|----------------------------------------------------------------------------------------------------|--|--|------------------------------|---|--------|------------------------------|--|--|--|---|--------|---|
| (All amounts in the following table and twoparagraphs, except per share, are in 000’s ofUS$) |  |  | Three MonthsEndedDec-31,2006 |   |        | Three MonthsEndedDec-31,2005 |
| Total Gain ongold                                                                                  |  |  |                              | $ | 5,130  |                              |  |  |  | $ | 247    |   |
| NetLoss                                                                                            |  |  |                              | $ | (3,176 | )                            |  |  |  | $ | (3,230 | ) |
| Loss pershare                                                                                      |  |  |                              | $ | (0.02  | )                            |  |  |  | $ | (0.05  | ) |
| Net cashflows from operatingactivities                                                             |  |  |                              | $ | 0      |                              |  |  |  | $ | 0      |   |
|                                                                                                    |

The Trust’stotal gain on gold for the three months ending December 31, 2006 of$5,130 is made up of a gain of $1,373 on the sale of gold to payexpenses plus a gain of $3,757 on gold distributed on the redemption ofshares.

The Trust’s total gain on gold for the three monthsending December 31, 2005 is made up of a gain of $247 on the sale ofgold to pay expenses.

Selected Supplemental Data -For the three months ended December 31, 2006 and for the year endedSeptember 30, 2006.

|                                                                                                                   |  |  |                         |   |           |                      |  |  |  |   |           |    |
|-------------------------------------------------------------------------------------------------------------------|--|--|-------------------------|---|-----------|----------------------|--|--|--|---|-----------|----|
| (Allamounts, except per ounce and per share, are in000’s)                                                   |  |  | 3monthsendedDec-31,2006 |   |           | YearendedSep-30,2006 |
| Ouncesof Gold:                                                                                                    |  |  |                         |   |      |                      |  |  |  |   |      |    |
| OpeningBalance                                                                                                    |  |  |                         |   | 12,422.5  |                      |  |  |  |   | 6,669.3   |    |
| Creations(excluding gold receivable at December 31, 2006 – 39.7 ouncesand at September 30, 2006 –nil) |  |  |                         |   | 2,172.7   |                      |  |  |  |   | 6,805.2   |    |
| Redemptions                                                                                                       |  |  |                         |   | (49.6     | )                    |  |  |  |   | (1,013.6  | )  |
| Salesofgold                                                                                                       |  |  |                         |   | (13.2     | )                    |  |  |  |   | (38.4     | )  |
| ClosingBalance                                                                                                    |  |  |                         |   | 14,532.4  |                      |  |  |  |   | 12,422.5  |    |
| Periodend Gold price per ounce - LondonFix(1)                                                                     |  |  |                         | $ | 635.70    |                      |  |  |  | $ | 599.25    |    |
| Marketvalue of gold holdings including goldreceivable                                                             |  |  |                         | $ | 9,263,499 |                      |  |  |  | $ | 7,444,182 |    |
| Numberof Shares:                                                                                                  |  |  |                         |   |      |                      |  |  |  |   |      |    |
| OpeningBalance                                                                                                    |  |  |                         |   | 125,100   |                      |  |  |  |   | 66,900    |    |
| Creations                                                                                                         |  |  |                         |   | 22,300    |                      |  |  |  |   | 68,400    |    |
| Redemptions                                                                                                       |  |  |                         |   | (500      | )                    |  |  |  |   | (10,200   | )  |
| ClosingBalance                                                                                                    |  |  |                         |   | 146,900   |                      |  |  |  |   | 125,100   |    |
| NetAsset Value pershare:                                                                                          |  |  |                         |   |      |                      |  |  |  |   |      |    |
| Creations                                                                                                         |  |  |                         | $ | 62.07     |                      |  |  |  | $ | 55.56     |    |
| Redemptions                                                                                                       |  |  |                         |   | (57.12    | )                    |  |  |  |   | (63.48    | )  |
| NetGain/(Loss) for theperiod                                                                                      |  |  |                         |   | (0.02     | )                    |  |  |  |   | 1.30      |    |
| AtPeriodEnd                                                                                                       |  |  |                         | $ | 63.04     |                      |  |  |  | $ | 59.48     |    |
| Sharesat redemption value to investors at PeriodEnd                                                               |  |  |                         | $ | 9,260,544 |                      |  |  |  | $ | 7,441,489 |    |
| Changein Net Asset Value through periodend                                                                        |  |  |                         |   | 24.4      | %                    |  |  |  |   | 135.9     | %  |
| %Difference between Net Asset Value per share and market value ofounces represented by eachshare                  |  |  |                         |   | (0.032    | )%                   |  |  |  |   | (0.036    | )% |
|                                                                                                                   |

|  |
|--|
|  |  |
|  |

|     |                                                                                                                                       |
|-----|---------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Therewas no London PM Fix on December 31, 2006. In accordance with the TrustIndenture the London AM Fix was used at December 31,2006. |

13

----

Results of Operations

In thethree months ended December 31, 2006, 22,300,000 shares (223 Baskets)were created in exchange for 2,212,408 ounces of gold including goldreceivable (39,668 ounces of gold) and 500,000 shares (5 Baskets) wereredeemed in exchange for 49,618 ounces of gold and 13,163 ounces ofgold were sold to pay expenses.

As at December 31, 2006 theamount of gold owned by the Trust including gold receivable was14,572,124 ounces with a market value of $9,263,499,409 (cost −$7,552,854,496). There was no London PM Fix on December 31, 2006. TheAM Fix on that date was $635.70. The market value on December 31, 2006was calculated using the London AM Fix, in accordance with the TrustIndenture.

In the year ended September 30, 2006 68,400,000shares (684 Baskets) were created in exchange for 6,805,286 ounces ofgold and 10,200,000 shares (102 Baskets) were redeemed in exchange for1,013,631 ounces of gold and 38,409 ounces of gold were sold to payexpenses.

As at September 30, 2006 the amount of gold owned bythe Trust was 12,422,497 ounces (there was no gold receivable) with amarket value of $7,444,181,626 (cost – $6,200,226,450).

Cash flow from operations

The Trust had no cash flowfrom operations in the three months ended December 31, 2006, and 2005.Cash received in respect of gold sold to pay expenses in the threemonths ended December 31, 2006 and 2005 was the same as those expenses,resulting in zero cash balances at December 31, 2006 and at December31, 2005.

Cash Resources and Liquidity

AtDecember 31, 2006 the Trust did not have any cash balances. Whenselling gold to pay expenses, the Trustee endeavors to sell the exactamount of gold needed to pay expenses in order to minimize theTrust’s holdings of assets other than gold. As a consequence, weexpect that the Trust will not record any cash flow from its operationsand that its cash balance will be zero at the end of each reportingperiod.

Analysis of Movements in the Price of Gold

As movements in the price of gold are expected to directly affectthe price of the Trust’s shares, investors should understand whatthe recent movements in the price of gold have been. Investors,however, should also be aware that past movements in the gold price arenot indicators of future movements. This section identifies recenttrends in the movements of the gold price and discusses some of theimportant events that have influenced these movements.

14

----

The following chart provides historicalbackground on the price of gold. The chart illustrates movements in theprice of gold in US dollars per ounce over the period from January 1,2002 to December 31, 2006, and is based on the London PMFix.

Five Year Daily Gold Price($US/ounce)

The average, high, lowand end-of-period gold prices for the period from the inception of theTrust on November  12, 2004, through December 31, 2006, based onthe London PM Fix,were:

|                                       |  |  |         |  |  |         |  |  |             |  |  |         |  |  |             |  |  |                |
|---------------------------------------|--|--|---------|--|--|---------|--|--|-------------|--|--|---------|--|--|-------------|--|--|----------------|
| Period                                |  |  | Average |  |  | High    |  |  | Date        |  |  | Low     |  |  | Date        |  |  | Endofperiod(1) |
| November 12, 2004 toDecember 31,2004  |  |  | $443.59 |  |  | $454.20 |  |  | Dec2, 2004  |  |  | $434.00 |  |  | Dec 10,2004 |  |  | $438.00        |
| Three months to March 31,2005         |  |  | $427.35 |  |  | $443.70 |  |  | Mar 11,2005 |  |  | $411.10 |  |  | Feb 8,2005  |  |  | $427.50        |
| Three months to June 30,2005          |  |  | $427.39 |  |  | $440.55 |  |  | Jun 24,2005 |  |  | $414.45 |  |  | May 31,2005 |  |  | $437.10        |
| Three months to September 30,2005     |  |  | $439.72 |  |  | $473.25 |  |  | Sep 30,2005 |  |  | $418.35 |  |  | Jul 15,2005 |  |  | $473.25        |
| Three months to December 31,2005      |  |  | $484.20 |  |  | $536.50 |  |  | Dec 12,2005 |  |  | $456.50 |  |  | Nov 7,2005  |  |  | $513.00        |
| Three months to March 31,2006         |  |  | $554.07 |  |  | $584.00 |  |  | Mar 30,2006 |  |  | $524.75 |  |  | Jan 5,2006  |  |  | $582.00        |
| Three months to June 30,2006          |  |  | $627.71 |  |  | $725.00 |  |  | May 12,2006 |  |  | $567.00 |  |  | Jun 20,2006 |  |  | $613.50        |
| Three months to September 30,2006     |  |  | $621.67 |  |  | $663.25 |  |  | Jul 14,2006 |  |  | $573.60 |  |  | Sep 15,2006 |  |  | $599.25        |
| Threemonths to December 31, 2006      |  |  | $613.21 |  |  | 648.75  |  |  | Dec1, 2006  |  |  | $560.75 |  |  | Oct 6,2006  |  |  | $635.70        |
| November 12, 2004 to December31, 2006 |  |  | $519.27 |  |  | $725.00 |  |  | May 12,2006 |  |  | $411.10 |  |  | Feb 8,2005  |  |  | $635.70        |
| Twelve months ended December31, 2005  |  |  | $444.45 |  |  | $536.50 |  |  | Dec 12,2005 |  |  | $411.10 |  |  | Feb 8,2005  |  |  | $513.00        |
| Twelve months ended December31, 2006  |  |  | $603.77 |  |  | $725.00 |  |  | May 12,2006 |  |  | $524.75 |  |  | Jan 5,2006  |  |  | $635.70        |
|                                       |

|  |
|--|
|  |  |
|  |

|     |                                                                                                                                                                                                                                                                                                  |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Therewas no London PM Fix on December 31, 2004, 2005 and 2006. The London AMFix on these dates was $438.00, $513.00 and $635.70, respectively. TheNet Asset Value of the Trust on December 31, 2004, 2005 and 2006 wascalculated using the London AM Fix, in accordance with the TrustIndenture. |

The upward price trend that has been in placesince 2001 has continued for much of the period since the inception ofthe Trust on November 12, 2004. In 2006, after reaching a peak of $725at the London PM Fix on May 12, gold corrected down to a low for thesecond quarter of $567 at the PM 

15

----

Fix on June 20. The reason most often citedfor the correction was a concern among investors that monetaryauthorities, especially in the U.S., would move to counter the threatof rising inflation by aggressively raising interest rates. The pricesubsequently recovered to $635.70 by the end of 2006. The average forthe three months to December 31, 2006, was $613.21.

CautionaryStatement Regarding Forward-Looking Information and Risk Factors

This report contains forward-looking statements within the meaningof the Private Securities Litigation Reform Act of 1995. Thesestatements are predictions and actual events or results may differmaterially from those expressed in our forward-looking statements.Risks and uncertainties may cause our actual results to differmaterially from those expressed in our forward-looking statements.These uncertainties and other factors include, but are not limited to,the following:

The value of the shares relates directly to thevalue of the gold held by the Trust and fluctuations in the price ofgold could materially adversely affect an investment in theshares.

The Shares are designed to mirror as closely aspossible the price of gold bullion, and the value of the Shares relatesdirectly to the value of the gold held by the Trust, less theTrust’s liabilities (including estimated accrued but unpaidexpenses). The price of gold has fluctuated widely over the pastseveral years. Several factors may affect the price of gold,including:

|              |                                                                                                                                                                                                                                                                                                                                |
|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| •  | Global goldsupply and demand, which is influenced by such factors as forwardselling by gold producers, purchases made by gold producers to unwindgold hedge positions, central bank purchases and sales, and productionand cost levels in major gold-producing countries such as South Africa,the United States and Australia; |

|              |                                                                    |
|--------------|--------------------------------------------------------------------|
| •  | Investors’expectations with respect to the rate ofinflation; |

|              |                        |
|--------------|------------------------|
| •  | Currencyexchangerates; |

|              |                |
|--------------|----------------|
| •  | Interestrates; |

|              |                                                                         |
|--------------|-------------------------------------------------------------------------|
| •  | Investment andtrading activities of hedge funds and commodity funds;and |

|              |                                                                           |
|--------------|---------------------------------------------------------------------------|
| •  | Global orregional political, economic or financial events and situations. |

In addition, investors should be aware that there is no assurancethat gold will maintain its long term value in terms of purchasingpower in the future. In the event that the price of gold declines, theSponsor expects the value of an investment in the Shares to declineproportionately.

The sale of gold by the Trust to payexpenses reduces the amount of gold represented by each share on anongoing basis irrespective of whether the trading price of the sharesrises or falls in response to changes in the price of gold.

Each outstanding Share represents a proportional interest inthe gold held by the Trust. As the Trust does not generate any incomeand as the Trust regularly sells gold over time to pay for its ongoingexpenses, the amount of gold represented by each Share has graduallydeclined over time. This is true even if additional Shares are issuedin exchange for additional deposits of gold into the Trust, as theamount of gold required to create Shares will proportionately reflectthe amount of gold represented by the Shares outstanding at the time ofcreation. Assuming a constant gold price, the trading price of theShares is expected to gradually decline relative to the price of goldas the amount of gold represented by the Shares gradually declines.

Investors should be aware that the gradual decline in theamount of gold represented by the Shares will occur regardless ofwhether the trading price of the Shares rises or falls in response tochanges in the price of gold.

Readers are urged toreview the Risk Factors section contained in the Trust’s annualreport on Form 10-K for a description of other risks and uncertaintiesthat may affect an investment in our shares.

Item3.    Quantitative and Qualitative Disclosures About MarketRisk

Not applicable.

16

----

Item 4.    Controls andProcedures

Disclosure controls andprocedures.    Under the supervision and with the participationof the Sponsor, World Gold Trust Services, LLC, including its chiefexecutive officer and chief financial officer, we carried out anevaluation of the effectiveness of the design and operation of ourcompany’s disclosure controls and procedures. Based upon thatevaluation, our chief executive officer and chief financial officerconcluded that our disclosure controls and procedures were effective asof the end of the period covered by this quarterly report.

Internal control over financial reporting.    There hasbeen no change in our internal control over financial reporting thatoccurred during our most recent fiscal quarter that has materiallyaffected or is reasonably likely to materially affect, our internalcontrol over financial reporting.

17

----

PARTII - OTHER INFORMATION:

Item 1.    LegalProceedings

The Sponsor, the WGC, the Trust and theTrustee, as Trustee of the Trust, were named as defendants in a civillawsuit filed by plaintiffs Gemini Diversified Holdings LLC and DanAscani in the Supreme Court of the State of New York, County of NewYork (Index No. 119243/03). The complaint alleged breach of contractand misappropriation of trade secrets under the Trade Secrets Act ofthe State of Georgia. In December 2006, the lawsuit was dismissed.

Item 1A.    Risk Factors

There have beenno material changes in our risk factors since we last reported underPart I, Item 1A, in our Annual Report on Form 10-K for the year endedSeptember 30, 2006.

Item 2.    Unregistered Salesof Equity Securities and Use of Proceeds

As of the date ofthe formation of the Trust on November 12, 2004, the NAV of the Trust,which represents the value of the gold deposited into the Trust, was$13,081,500, and the NAV per Share was $43.60. Since formation andthrough December 31, 2006, 1,657 Baskets (165,700,000 Shares) have beencreated, including 23 Baskets (2,300,000 Shares) issued in connectionwith the initial public offering of our Shares on November 18, 2004(Registration No. 333-105202). As of January 31, 2007, 147,000,000Shares were outstanding and the estimated NAV per Share as determinedby the Trustee for January  31, 2007 was $64.49.

Item 3.    Defaults Upon Senior Securities

None

Item 4.    Submission of Matters to aVote of Security Holders

None

Item5.    Other Information

On February 6, 2007, Mr. J.Stuart Thomas resigned as Managing Director of World Gold TrustServices, LLC, the sponsor of the Trust, and Mr. James E. Burton, ChiefExecutive Officer of the World Gold Council, was appointed to succeedMr. Thomas as Managing Director.

The opening of trading in theShares on the New York Stock Exchange will be changed from 9:30a.m. to 8:20 a.m., effective Friday, February 9, 2007. The earlieropening will allow investors to start trading the Shares at the sametime that trading in COMEX® gold futures and goldoptions commences at the New York Mercantile Exchange Inc.

Item 6.    Exhibits and Reports on Form 8-K

|           |          |
|-----------|----------|
| (a)  | Exhibits |

|  |            |                                                                                                       |
|--|------------|-------------------------------------------------------------------------------------------------------|
|  | 31.1  | Certification by PrincipalExecutive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of2002. |

|  |            |                                                                                                       |
|--|------------|-------------------------------------------------------------------------------------------------------|
|  | 31.2  | Certification byPrincipal Financial Officer Pursuant to Section 302 of theSarbanes-Oxley Act of 2002. |

|  |            |                                                                                                                                                      |
|--|------------|------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | 32.1  | Certification by PrincipalExecutive Officer Pursuant to 18 U.S.C. Section 1350, as AdoptedPursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |

|  |            |                                                                                                                                                      |
|--|------------|------------------------------------------------------------------------------------------------------------------------------------------------------|
|  | 32.2  | Certification by PrincipalFinancial Officer Pursuant to 18 U.S.C. Section 1350, as AdoptedPursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |

|           |                                                                             |
|-----------|-----------------------------------------------------------------------------|
| (b)  | Reports on Form 8-K filed during thequarter for which this report is filed: |

None.

18

----

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,the registrant has duly caused this report to be signed on its behalfby the undersigned in the capacities* indicated thereunto dulyauthorized.

|  | WORLD GOLD TRUST SERVICES, LLCSponsor of the Equity Gold Trust                   (Registrant) |
|--|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

/s/James E.Burton

|  |
|--|
|  |  |  |
|  |

|  | JamesE. Burton Managing Director (principal executive officer) |
|--|----------------------------------------------------------------|

/s/ JamesLowe

|  |
|--|
|  |  |  |
|  |

|  | JamesLowe Chief Financial Officer and Treasurer (principalfinancial officer and principal accounting officer) |
|--|---------------------------------------------------------------------------------------------------------------|

Date: February 9, 2007

|         |                                                                                                                                                      |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------|
| *  | The Registrantis a trust and the persons are signing in their capacities as officersof World Gold Trust Services, LLC, the Sponsor of theRegistrant. |

19

----