GLDM terminates ICBC as custodian; JPMorgan remains sole custodian

World Gold Trust

Effective Dec 5, 2025, ICBC Standard Bank ceased as gold custodian for SPDR Gold MiniShares Trust.
Termination was mutual; ICBC has not held GLDM's gold since July 31, 2024.
JPMorgan Chase Bank, N.A. is now the sole custodian of all GLDM gold.
No cost incurred by Trust or shareholders from termination of ICBC Custody Agreements.

item 1.02

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

World Gold Trust terminated ICBC Custody Agreements with ICBC Standard Bank plc (effective 2025-12-05).

Action: termination
Counterparty: ICBC Standard Bank plc
Effective: 2025-12-05

Exact text from the filing

Effective December 5, 2025 (the “Effective Date”), ICBC Standard Bank plc (“ICBC”) will no longer serve as a custodian for the gold of SPDR® Gold MiniShares® Trust (“GLDM”), a series of World Gold Trust (the “Trust”). Pursuant to a termination agreement between the Trust, on behalf of GLDM, and ICBC, the parties have mutually agreed to terminate the Second Amended and Restated Allocated Gold Account Agreement dated October 24, 2023 and the First Amended and Restated Unallocated Gold Account Agreement dated October 24, 2023 and amended on May 28, 2024 (together, the “ICBC Custody Agreements”), effective as of the Effective Date.

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World Gold Trust filing history →

Source: SEC EDGAR

accession 0001437749-25-037024

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