instruments and has no foreign operations or long-term debt instruments.. 41 Item 8. Financial Statements and Supplementary Data (Unaudited) Quarterly Income Statements Year Ended December 31, 2021 Three months ended Year ended (Amounts in 000’s of US$, except for Share and per Share data) March 31 June 30 September 30 December 31 December 31 EXPENSES Sponsor’s Fee $ 1,051 $ 1,015 $ 1,028 $ 1,028 $ 4,122 Total expenses 1,051 1,015 1,028 1,028 4,122 Net investment loss (1,051 ) (1,015 ) (1,028 ) (1,028 ) (4,122 ) REALIZED AND UNREALIZED GAINS / (LOSSES) Realized gain on gold transferred to pay expenses 195 141 157 142 635 Realized gain on gold distributed for the redemption of Shares 20,641 6,102 3,685 2,063 32,491 Change in unrealized gain and loss on investment in gold (298,124 ) 87,618 (30,782 ) 81,302 (159,986 ) Total (loss)/gain on investment in gold (277,288 ) 93,861 (26,940 ) 83,507 (126,860 ) Change in net assets from operations $ (278,339 ) $ 92,846 $ (27,968 ) $ 82,479 $ (130,982 ) Net increase in net assets per Share $ (1.91 ) $ 0.67 $ (0.20 ) $ 0.60 $ (0.93 ) Weighted average number of Shares 145,787,778 138,387,912 138,592,391 138,152,174 140,204,658 Year Ended December 31, 2020 Three months ended Year ended (Amounts in 000’s of US$, except for Share and per Share data) March 31 June 30 September