Flash FinanceUS
Market closed S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · abrdn Gold ETF Trust (SGOL)

abrdn Gold ETF Trust (SGOL) names ICBC Standard Bank as new gold custodian

Neutral Impact 2 of 5 product/contract Written later

The trust's trustee signed new allocated and unallocated account agreements with ICBC Standard Bank Plc as custodian for the trust's gold, and gave notice to end its agreements with JPMorgan Chase Bank N.A. The filing states that no cost or expense was or will be incurred by the trust or shareholders, and that the trust will shift to T+1 settlement for creations and redemptions starting May 28, 2024.

Key points

  • New custody agreements with ICBC Standard Bank Plc dated May 23, 2024
  • Termination notice to JPMorgan Chase Bank N.A. delivered May 23, 2024; termination takes effect once all gold is transferred to the new custodian
  • Trust Agreement amended effective June 18, 2024, revising the Benchmark Price definition to reference LBMA Gold Price PM and AM
  • Creation and redemption processes move to T+1 settlement beginning May 28, 2024

The filing

Companyabrdn Gold ETF Trust (SGOL)
Form8-K, current report
Filed with the SECMay 28, 2024, 4:40 PM ET
Accession number0001999371-24-006700

Items reported: 1.01 Material Definitive Agreement1.02 Termination of Material Agreement5.03 Bylaw / Charter Amendment8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 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 May 28, 2024.

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.