[5] If the share price differs from the gold market price, the fund's manager exchanges blocks of 100,000 shares for 10,000 ounces of gold.
As of March 31, 2019, the trust had 24,572,554.8 ounces of vaulted gold in its custody, representing an asset value of $31,697,578,486.50.
[7] In November 2004, the fund was listed (under the name streetTRACKS Gold Shares) on the New York Stock Exchange by State Street Global Advisors with World Gold Council sponsorship.
[6] In June 2018, State Street started the Gold MiniShares (NYSE Arca: GLDM) Trust with a lower expense ratio of 0.18% and a lower NAV at one-hundredth the price of an ounce of gold.
There is also iShares Silver Trust (NYSE Arca: SLV).