Net Asset Value (NAV) increased from $7.33 billion to $7.87 billion during the quarter ended March 31, 2026. The price of gold rose 6.97% during the period, ending at $4,608.35 per ounce compared to $4,307.95 at the end of 2025. NAV per share grew by 6.92%, rising from $41.06 to $43.90. The Trust held 1,707,357.5 ounces of gold as of March 31, 2026, up from 1,702,351.9 ounces at the start of the year. A total of 4.2 million shares were created and 3.6 million shares were redeemed during the quarter, resulting in a net increase in shares outstanding.