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AI brief of an SEC Form 8-K · World Gold Trust (GLDM)

GLDM ends ICBC Standard Bank custody; JPMorgan becomes sole gold custodian

Neutral Impact 2 of 5 product/contract Written later

Effective December 5, 2025, ICBC Standard Bank plc stops serving as custodian for the gold of SPDR Gold MiniShares Trust (GLDM), a series of World Gold Trust, under a mutually agreed termination. JPMorgan Chase Bank, N.A., which already holds all of GLDM's gold, becomes its sole custodian. The filing states no cost or expense was or will be incurred by the Trust or shareholders, and that ICBC has not held gold for GLDM since July 31, 2024.

Key points

  • Termination effective December 5, 2025, covering the ICBC Custody Agreements dated October 24, 2023 (amended May 28, 2024)
  • JPMorgan Chase Bank, N.A. currently holds all GLDM gold and becomes sole custodian
  • ICBC has not held GLDM gold since July 31, 2024
  • No cost or expense to the Trust or GLDM shareholders from the termination

The filing

CompanyWorld Gold Trust (GLDM)
Form8-K, current report
Filed with the SECDec 5, 2025, 4:04 PM ET
Accession number0001437749-25-037024

Items reported: 1.02 Termination of Material Agreement

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 05, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.