Sprott Physical Gold and Silver Trust Units (CEF) has released an update.
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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