<span item_type="fundamental" item_id="f6de490a16ef5df1cc9bf1c016b2b410" counter_id="ETF/US/BAR" env="prod"></span><span item_type="announcement" item_id="646078818217695489" env="prod"></span><p>Revenue: As of FY2026 Q3, the actual value is USD 0.</p><p></p><p>The GraniteShares Gold Trust operates as a single segment, focusing on investment in gold bullion, and therefore all metrics apply to this single segment. The Trust does not report traditional revenue, gross margin, or operating profit in the conventional sense, as its operations are centered on tracking the price of gold and managing its gold holdings.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span></p><h4>Net Asset Value (NAV)</h4><p>For the quarter ended March 31, 2026, the Trust’s net asset value increased by 6.8%, from $1,492,121,494 on December 31, 2025, to $1,593,242,746 on March 31, 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span> The net asset value per share also increased by 6.93%, from $42.45 to $45.39 during the same period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span>For the nine months ended March 31, 2026, the net asset value increased by 44.11%, from $1,105,575,430 on June 30, 2025, to $1,593,242,746 on March 31, 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span> The net asset value per share increased by 40.01%, from $32.42 to $45.39 for this period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span></p><h4>Shares Outstanding</h4><p>During the quarter ended March 31, 2026, the number of shares outstanding decreased by 0.1%, from 35,150,000 to 35,100,000.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span> For the nine months ended March 31, 2026, shares outstanding increased by 2.9%, from 34,100,000 to 35,100,000.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span></p><h4>Operational Results</h4><p>For the quarter ended March 31, 2026, the net increase in net assets resulting from operations was $101,342,616, which included an unrealized gain on investment in gold bullion of $89,760,616 and a gain of $12,310,496 on metal sold.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span> Sponsor’s fees for the quarter amounted to $728,496, representing 0.043% of the Trust’s average weighted net assets.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span>For the nine months ended March 31, 2026, the net increase in net assets resulting from operations was $443,528,965, comprising an unrealized gain on investment in gold bullion of $424,477,371 and a gain of $20,915,184 on metal sold.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span> Sponsor’s fees for this period were $1,863,590, representing 0.131% of the Trust’s average weighted net assets.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span></p><h4>Expenses</h4><p>Other than the Sponsor’s fees, the Trust incurred no other expenses during both the three and nine months ended March 31, 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span></p><h4>Liquidity and Capital Resources</h4><p>The Trust reported no cash balances as of March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span> The Sponsor assumes most of the Trust’s expenses, with the Sponsor’s Fee being the only ordinary expense, paid through in-kind transfers of gold.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span></p><h4>Future Outlook and Strategy</h4><p>The GraniteShares Gold Trust’s objective is for its Shares to reflect the performance of the price of gold, less its expenses, aiming to provide a cost-effective investment similar to direct gold investment.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span> The Trust issues and redeems Shares only with Authorized Participants in exchange for gold, in aggregations of 50,000 Shares or integral multiples thereof.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span> No specific forward-looking statements regarding future performance, growth targets, or strategic plans were provided beyond the Trust’s core objective and operational mechanism.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1690437/000149315226021859/form10-q.htm"></span></p>

GraniteShares Gold Trust | 10-Q: FY2026 Q3 Revenue: USD 0