Sprott Physical Gold Trust reported unaudited earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported unrealized gains on gold bullion of $254,603,473 against $132,152,520 a year ago. Net income was $252,063,170 or $1.44 per basic and diluted unit against $129,923,494 or $0.92 per basic and diluted unit a year ago. Net asset value per unit on September 30, 2012 was $14.81 against $13.17 as on December 31, 2011.

For the nine months, the company reported unrealized gains on gold bullion of $268,418,024 against $209,554,107 a year ago. Net income was $261,071,345 or $1.55 per basic and diluted unit against $204,047,547 or $1.69 per basic and diluted unit a year ago. Net cash used in operating activities was $7,010,491 against $4,867,539 a year ago. Purchase of gold bullion was $685,340,090 against $609,959,827 a year ago.