The following represents the changes in ounces of gold and the respective values for the years ended September 30, 2013, 2012 and 2011:


(Ounces of gold are in 000’s and value of gold is in 000’s of US$)	Sept 30, 2013			Sept 30, 2012			Sept 30, 2011
Ounces of Gold:
Opening balance		42,803.6			39,928.9			41,813.1
Creations (excluding gold receivable at September 30, 2013 – 0, at September 30, 2012 – 0 and at September 30, 2011 – 0)		4,944.8			8,225.8			11,463.0
Redemptions (excluding gold payable at September 30, 2013 – 115.9, at September 30, 2012 – 339.3 and at September 30, 2011 – 321.2)		(18,348.0	)		(5,187.1	)		(13,192.2	)
Sales of gold		(156.0	)		(164.0	)		(155.0	)

Closing balance		29,244.4			42,803.6			39,928.9


Investment in Gold (lower of cost or market):
Opening balance	$	50,726,261		$	42,736,696		$	37,736,064
Creations (excluding gold receivable at September 30, 2013 – $0, at September 30, 2012 – $0, and at September 30, 2011 – $0)		7,734,465			13,956,415			17,776,506
Redemptions (excluding gold payable at September 30, 2013 – $ 153,680, September 30, 2012 – $602,591, and at September 30, 2011 – $520,297)		(22,459,232	)		(5,783,126	)		(12,628,298	)
Sales of gold		(188,717	)		(183,724	)		(147,576	)

Closing balance	$	35,812,777		$	50,726,261		$	42,736,696