GraniteShares Gold Trust

GraniteShares Gold Trust is an investment trust designed to hold physical gold bullion in exchange for issued shares. Each share represents a fractional undivided beneficial ownership interest in the trust's allocated gold assets, offering investors an alternative method to access the physical gold market through standard equity securities. The trust does not operate as an actively managed corporate entity or commodity pool, and its activities focus strictly on holding allocated gold bars while issuing and redeeming share baskets via authorized participants.

Administered by its sponsor, GraniteShares LLC, the trust operates its principal executive offices in New York, New York. Custodial services and physical bullion storage are managed through ICBC Standard Bank in London, with trustee administration conducted by The Bank of New York Mellon. Transactions and share basket settlements directly involve pre-approved financial institutions, while the underlying gold bars meet London Good Delivery specifications in the United Kingdom.

Summary of the business section of GraniteShares Gold Trust's latest annual report, written by StockData.