What changed in this filing

/stocks — the workspaceLOADING

Item 9A. Controls and Procedures

2026-08-13 compared with 2025-08-11 · 68 added, 46 removed, 526 unchanged (18% of the section changed)

41 unchanged sentences

OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Management of the Trust’s Sponsor and Shareholders of

GraniteShares

Management of the Trust’s Sponsor and Shareholders of GraniteShares Gold Trust

on Internal Control Over Financial Reporting

39 unchanged sentences

or that the degree of compliance with the policies or procedures may deteriorate.

WELLER & BAKER LLP

Philadelphia,

TAIT, WELLER & BAKER LLP

Philadelphia, Pennsylvania

August 13, 2026

Other Information

24 unchanged sentences

Rhind is 47 years old.

Autier has been the Chief Accounting Officer (“CAO”) and Head of Product of the Sponsor since its inception on January

Autier was previously the Head of Product Management for the World Gold Council from September 2015 to October 2016.

Autier served as the Chief Accounting Officer (“CAO”) and Head of Product of the Sponsor from the fund’s inception

on January 6, 2017 until June 1, 2026.

Autier was previously the Head of Product Management for the World Gold Council from September

2015 to October 2016.

Autier was also the Head of Product Management of ETF Securities from July 2005 to September 2015.

Autier previously was employed

by KPMG in Paris as a senior consultant.

previously was employed by KPMG in Paris as a senior consultant.

Autier holds a Masters in Finance from London Business School.

Autier is 51 years old.

DallAcqua assumed the role of Chief Accounting Officer (“CAO”) effective June 1, 2026.

DallAcqua also serves

as the Chief Financial Officer for GraniteShares Inc and its subsidiary companies.

Previously he was the Vice President of Finance for

Tidal Financial Group and Toroso Investments, in addition to CFO roles in other industries.

DallAcqua holds a Bachelors degree in

Finance and International Business from Northeastern University.

DallAcqua is 42 years old.

Executive Compensation

40 unchanged sentences

Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002*

XBRL Instance Document

XBRL Taxonomy Extension Schema Document

XBRL Taxonomy Extension Calculation Document

XBRL Taxonomy Extension Definitions Document

Taxonomy Extension Labels Document

XBRL Taxonomy Extension Presentation Document

Page Interactive Data File (embedded within the Inline XBRL document)

Inline XBRL Instance Document

Inline XBRL Taxonomy Extension

Schema Document

Inline XBRL Taxonomy Extension

Calculation Document

Inline XBRL Taxonomy Extension

Definitions Document

InlineXBRL Taxonomy Extension

Labels Document

Inline XBRL Taxonomy Extension

Presentation Document

Cover Page Interactive

Data File (embedded within the Inline XBRL document)

Filed herewith.

8 unchanged sentences

the undersigned in the capacities thereunto duly authorized.

GraniteShares

of the GraniteShares Gold Trust

August 08, 2025

GraniteShares LLC

Sponsor of the GraniteShares Gold Trust

William Rhind*

August 08, 2025

Benoit Autier

Accounting Officer

Brandon DallAcqua *

Chief Accounting Officer

Registrant is a trust and the persons are signing in their capacities as officers of GraniteShares LLC, the Sponsor of the Registrant.

3 unchanged sentences

Statements of Assets and Liabilities at June 30, 2026 and 2025

of Investments at June 30, 2025 and 2024

Schedules of Investments at June 30, 2026 and 2025

Statements of Operations for the fiscal period ended June 30, 2026, 2025 and 2024

3 unchanged sentences

OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Management of the Trust’s Sponsor and Shareholders of

GraniteShares

Management of the Trust’s Sponsor and Shareholders of GraniteShares Gold Trust

on the Financial Statements

9 unchanged sentences

the Trust’s internal control over financial reporting as of June 30, 2026, based on criteria established in Internal Control –

– Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO), and our

report dated August 08, 2025, expressed an unqualified opinion.

Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO), and our report dated

August 13, 2026, expressed an unqualified opinion.

financial statements are the responsibility of the management of GraniteShares LLC (the Trust’s sponsor).

47 unchanged sentences

record of holdings.

WELLER & BAKER LLP

Philadelphia,

TAIT, WELLER & BAKER LLP

Philadelphia, Pennsylvania

GRANITESHARES

9 unchanged sentences

Net asset value per Share

of investment in gold bullion:

$ 588,663 and $ 554,189 , respectively.

par value, Unlimited amount authorized.

Cost of investment in gold bullion:

$ 624,721 and $ 588,663 ,

respectively.

No par value, unlimited amount authorized.

Notes to the Financial Statements

41 unchanged sentences

Creations of 1,950,000, 3,050,000 ,

1,900,000 and 4,100,000

shares respectively

Redemptions of ( 3,300,000 ), ( 17,000,000 ) and ( 9,950,000 ) respectively

and 1,900,000 shares

Redemptions of (2,400,000), ( 3,300,000 ),

and ( 17,000,000 ) respectively

Net investment (loss)

12 unchanged sentences

Net asset value per Share at beginning of year

Net investment income (loss) (1)

Net investment (loss) (1)

Net realized and unrealized gain (loss) on investment in gold bullion

7 unchanged sentences

Net investment loss

using the average shares outstanding method.

Calculated using the average shares outstanding method.

Notes to the Financial Statements

57 unchanged sentences

Investment in Gold

following table summarizes the Trust’s investments at fair value:

June 30, 2025

(Amounts in 000’s of US$)

37 unchanged sentences

Creations and Redemptions of Shares

The Trust issues and redeems in one or more blocks of 50,000 Shares (a

block of 50,000 Shares is called a “Basket”) only to Authorized Participants.

The creation and redemption of Baskets will

only be made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold represented by the Baskets

being created or redeemed, the amount of which will be based on the combined Fine Ounces represented by the number of shares included

in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

Trust issues and redeems in one or more blocks of 50,000 Shares (a block of 50,000 Shares is called a “Basket”) only to Authorized

Participants.

The creation and redemption of Baskets will only be made in exchange for the delivery to the Trust or the distribution

by the Trust of the amount of gold represented by the Baskets being created or redeemed, the amount of which will be based on the combined

Fine Ounces represented by the number of shares included in the Baskets being created or redeemed determined on the day the order to

create or redeem Baskets is properly received.

to create and redeem Baskets may be placed only by Authorized Participants.

33 unchanged sentences

years are those years that are open for examination by the relevant income taxing authority.

As of June 30, 2025, the 2025, 2024, 2023

and 2022 tax years remain open for examination .

Recently Issued Accounting Pronouncement

As of June 30, 2026, the 2025, 2024 and

2023 tax years remain open for examination .

Segment Reporting

Trust adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures

9 unchanged sentences

within the Trust’s financial statements.

Recently Adopted Accounting Pronouncement

Trust adopted the FASB Accounting Standards Update 2023-09, “Income Taxes (Topic 740) Improvements to Income Tax Disclosures”

(“ASU 2023-09”), which establishes new income tax disclosure requirements and modifies or eliminates certain existing disclosure

The amendments in this ASU are intended to address investor requests for more transparency about income tax information and

to improve the effectiveness of income tax disclosures.

The Trust’s adoption of ASU 2023-09 did not have a material impact on the

Trust’s financial statements.

Investment in Gold

in ounces of gold and their respective values for the year ended June 30, 2026:

of Investment in Gold

Schedule of Investment in Gold

Amounts in 000’s of US$, except for ounces data

67 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.

What changed 10-K

Item 9A. Controls and Procedures