other material
confidence high
sentiment neutral
materiality 0.20
World Gold Trust amends custody agreements with ICBC Standard Bank for GLDM series
World Gold Trust
- On Oct 24, 2023, entered Second Amended Allocated Gold Account Agreement with ICBC Standard Bank plc.
- Similarly entered First Amended Unallocated Gold Account Agreement updating creation/redemption procedures.
- Amendments add procedures for book-entry transfers of gold to/from other custodians.
- Reporting services provided by ICBC are detailed; other non-material provisions clarified.