Sprott Physical Gold Trust reported unaudited earnings results for the quarter ended March 31, 2013. For the quarter, the company reported unrealized losses on gold bullion of $126,969,839 against unrealized gains on gold bullion of $113,431,729 a year ago. Net loss for the period was $129,680,725 against net income for the period of $110,954,474 a year ago.

Basic and diluted loss per unit was $0.66 against basic and diluted income per unit of $0.69 a year ago. Net cash used in operating activities was $1,927,623 against $1,322,774 a year ago. Net asset value per share was $13.34.