IAU NAV Drops Amid Declining Gold Prices

iShares Gold Trust (NYSE: IAU) reported lower Net Asset Value (NAV) per share in its recent quarterly report. The decline in NAV is attributed to the decrease in gold prices. As of June 30, 2026, the trust's NAV stood at $75.72 per share.

The iShares Gold Trust invests in physical gold bullion and has a total of 793,600,000 shares outstanding as of July 31, 2026. The trust's expenses include sponsor's fees, which were $43,365,547 for the three months ended June 30, 2026.

The net realized gain from gold bullion sold to pay expenses was $23,767,645 for the three months ended June 30, 2026. The net change in unrealized appreciation/depreciation was a loss of $10,474,871,314 during this period.