Interesting as I emailed CEF about the recent reports of ETFs, funds not holding actual gold. They assured me they held actual metals. I am following up with them via phone. FYI....same family of funds runs CEF, GTU and SBT. Premiums in this order to NAV as of last nights close is as follows:

prem = 8.9%

prem = 7.6%

discount = (4.7%)