Sprott Physical Gold Trust reported audited earnings results for the year ended December 31, 2014. For the period, the company reported loss of USD 24,052,199 compared with USD 752,619,183 for the same period last year. Net income and comprehensive loss for the period was USD 32,977,362 compared with USD 762,888,218 for the same period last year.

Net cash used in operating activities was USD 8,341,866 compared with USD 9,896,036 for the same period last year. The Trust's net asset value per unit on December 31, 2014 was USD 9.84 against USD 10.06 per share a year ago.