Sprott Physical Gold Trust reported unaudited earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported loss of $123,907,488 as compared to $13,692,049 for the same period last year. Net loss and comprehensive loss was $126,708,018 as compared to $16,333,860 for the same period last year. Decrease in total equity from operations per Unit was $0.60 as compared to $0.08 for the same period last year. For the six months, the company reported loss of $85,979,930 as compared to income of $158,248,846 for the same period last year. Net loss and comprehensive loss was $91,317,148 as compared to income of $153,177,735 for the same period last year. Decrease in total equity from operations per Unit was $0.43 as compared to increase of $0.71 for the same period last year. Net cash used in operating activities was $4,562,016 as compared to $4,471,385 for the same period last year. Purchases of gold bullion was $63,145,069.