Sprott Physical Gold and Silver Trust Units (CEF) has released an update.
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Sprott Physical Gold and Silver Trust reported significant unrealized gains in physical gold and silver bullion for the first quarter of 2024, with net assets per unit increasing to $21.43 from $20.04 at the end of 2023. The Trust’s units traded at a discount to net asset value on the NYSE Arca and TSX, despite an overall positive return of 6.9% for the quarter. No new units were issued, but a substantial number were redeemed for gold and silver bullion and cash.
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