GraniteShares Gold Trust 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities The Trust was formed on August 24, 2017 (the “Date of Inception”) following an initial deposit of gold. The Trust’s Shares have been listed on the NYSE Arca under the symbol BAR since its initial public offering on August 31, 2017. The following tables set out the range of high and low closing prices for the Shares as reported for NYSE Arca transactions for each of the quarters during the fiscal year ended June 30, 2021: Fiscal Year Ended June 30, 2021: Quarter Ended High Low September 30, 2020 $ 20.51 $ 17.65 December 31, 2020 $ 19.41 $ 17.67 March 31, 2021 $ 19.39 $ 16.70 June 30, 2021 $ 18.96 $ 17.16 The number of outstanding Shares of the Trust as of August 13, 2021 was 58,550,000. Fiscal Year Ended June 30, 2021: Monthly Share Price The following table sets forth for the period considered, the high and low closing prices of the Shares, as reported for NYSE Arca transactions. High Low July 2020 $ 16.95 $ 17.65 August 2020 $ 20.51 $ 18.98 September 2020 $ 19.60 $ 18.51 October 2020 $ 19.19 $ 18.59 November 2020 $ 19.40 $ 17.67 December 2020 $ 18.89 $ 18.03 January 2021 $ 19.39 $ 18.14 February 2021 $ 18.47 $ 17.17 March 2021 $ 17.34 $ 16.70 April 2021 $ 17.84 $ 17.16 May 2021 $ 18.92 $ 17.67 June 2021 $ 18.96 $ 17.50 Issuer Purchase of Shares The Trust issues and redeems Shares only with Authorized Participants in exchange for gold, only in aggregations of 50,000 Shares or integral multiples thereof. A list of current Authorized Participants is available from the Sponsor or the Trustee and is included in Item 7 of this report. Although the Trust does not purchase Shares directly from its Shareholders in connection with the redemption of Baskets, the Trust redeemed as follows during the fiscal year ended June 30, 2021: Month Total number of Shares redeemed Average ounces of gold per Share July 2020 - - August 2020 - - September 2020 400,000 0.00994552 October 2020 2,000,000 0.00994341 November 2020 10,100,000 0.00994185 December 2020 - - January 2021 - - February 2021 - - March 2021 2,650,000 0.00993685 April 2021 - - May 2021 - - June 2021 3,000,000 0.00993228 Total 18,150,000 0.00993979 28 Item 6. Selected Financial Data The following selected financial data for the reporting periods should be read in conjunction with the Trust’s financial statements and related notes and Management’s Discussion and Analysis of Financial Condition and Results of Operations. June 30, 2021 June 30, 2020 June 30, 2019 (Amounts in 000’s of US$, except per Share data) Total assets $ 1,009,604 $ 1,041,457 $ 545,511 Total gain / (loss) on gold $ (9,997 ) $ 159,805 $ 56,625 Change in net assets from operations $ (12,009 ) $ 158,612 $ 55,958 Weighted average number of Shares (in 000’s) 62,495 43,630 29,312 (1) Net increase / (decrease) in net assets per Share $ (0.19 ) $ 3.64 $ 1.91 (1) (1) Adjusted for effects of stock split. Stock split was effective on March 7, 2019. See Note 1.