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What changed 10-K

Item 1. Business

2026-08-13 compared with 2025-08-11 · 6 added, 7 removed, 848 unchanged (2% of the section changed)

98 unchanged sentences

following table sets forth a summary of the world gold supply and demand from 2015 to 2025:

In tonnes (1)

Mine Production

18 unchanged sentences

dollar, political uncertainties around the world, and economic concerns.

following chart illustrates the changes in the gold spot prices from July 2015 through June 2025:

Bloomberg and GraniteShares

following chart illustrates the changes in the gold spot prices from July 2016 through July 2026:

World Gold Council

of the Gold Market

290 unchanged sentences

The Sponsor’s office is located at 250 Broadway

New York, New York 10038.

Under the Delaware Limited Liability Company Act and the governing documents of the Sponsor, the sole member

of the Sponsor, GraniteShares, Inc., is not responsible for the debts, obligations and liabilities of the Sponsor solely by reason of

being the sole member of the Sponsor.

Fl 24, New York, New York 10007.

Under the Delaware Limited Liability Company Act and the governing documents of the Sponsor, the sole

member of the Sponsor, GraniteShares, Inc., is not responsible for the debts, obligations and liabilities of the Sponsor solely by reason

of being the sole member of the Sponsor.

Sponsor’s Role

436 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.