Sprott Physical Gold Trust reported un-audited earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported loss of $102,927,710 compared to income of $67,905,284, net loss and comprehensive loss of $105,196,620 compared to net income and comprehensive income of $65,377,063, decrease in total equity from operations per unit of $0.51 compared to increase in total equity from operations per unit $0.31 in last year. For the nine months, the company reported loss of $188,907,640 compared to income of $226,154,130, net loss and comprehensive loss of $196,513,768 compared to income of $218,554,798, decrease in total equity from operations per unit of $0.94 compared to increase of $1.2 in last year. Net cash used in operating activities was $6,869,509 compared to $6,795,729 for the last year. Purchases of gold bullion was $63,145,069.