Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Sprott Physical Gold Trust (PHYS $45.79)
- $45.79 P/E (TTM): 24.9X Cap: $18.27B
- View PHYS Profile
- View Questions on PHYS

Q: I hear financial influencers on YouTube saying that you can't trust that gold ETFs actually hold enough physical gold to support the ETF holdings. I would appreciate your comments regarding gold ETFs and virtual gold.
Thanks!

Asked by Grant on November 04, 2025

5i Research Answer:

Legally, major gold ETFs hold real, physical gold in secure vaults, though audit records...

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; unbiased stocks research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!

First Name *

Last Name *

E-mail *

Password *

I have read and agree to the Terms of Use

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

Access to a team of experts ready to answer your investments question
Instant access to over 100,000 archived questions
A community of like-minded investors
Peace of mind knowing that 5i Research has only YOUR best interests in mind

First Name *

Last Name *

E-mail *

Password *

I have read and agree to the Terms of Use