Sprott Physical Gold Trust reported audited earnings results for the year ended December 31, 2012. For the period, the company reported income of CAD 111,989,500 compared with CAD 135,875,354 for the same period last year. Net income for the period was CAD 101,597,187 or CAD 0.58 basic and diluted per share compared with CAD 127,741,501 or CAD 1.01 basic and diluted per share for the same period last year.

Net cash used in operating activities was CAD 11,190,819 compared with CAD 8,130,592 for the same period last year. The value of the net assets of the Trust as of December 31, 2012 was CAD 2,734.8 million or CAD 14.00 per unit compared to CAD 1,921.7 million or CAD 13.17 per unit as at December 31, 2011.