05 October 2015

NAV Premiums Of Certain Precious Metal Trusts and Funds


Since the last time I had updated their statistics on September 30, both of the Sprott Precious Metals Trusts lost a little bullion, presumably to redemptions. If they were bullion sales to raise cash, then they have no yet updated the cash levels with it.

Sprott Silver declined by 10,800 ounces, and Sprott Gold by about 2,231 ounces. There was a commensurate reduction in shares outstanding.