GraniteShares Gold Trust Sees NAV Surge 20.64% with Gold Price Boost
The GraniteShares Gold Trust reported a significant increase in its net asset value (NAV) for fiscal year 2026, rising by 20.64% to $1.334 billion.
This growth was driven by a 22.47% increase in the price of gold, which boosted the trust's asset value.
The financial highlights show that the total gain on gold for FY2026 was $249.4 million.
In comparison to the previous year, the change in net assets from operations decreased by $68.8 million, from $315.7 million in FY2025 to $246.9 million in FY2026.
The NAV performance also shows that the net assets per share increased by $0.23, from $9.36 in FY2025 to $7.13 in FY2026.