As of September 30, 2024, Franklin Templeton Holdings Trust reported significant growth in its financial performance, primarily driven by its investment in gold. The fair value of gold held by the Fund increased to $85.998 million, up from $62.110 million as of March 31, 2024. This growth reflects a rise in the total net assets, which reached $85.988 million compared to $62.103 million in the previous period. The number of shares issued and outstanding also rose to 2.45 million from 2.1 million, with a net asset value (NAV) per share climbing to $35.10 from $29.57.

The Fund's investment in gold totaled 32,699.485 ounces, with a cost of $62.562 million, representing 100.01% of net assets. This is an increase from 28,048.958 ounces valued at $50.923 million in the previous period. The net realized gain from gold for the three months ended September 30, 2024, was $6,556, a decrease from $1.508 million in the same period of 2023. However, the net change in unrealized appreciation on gold investments showed a substantial improvement, with a gain of $9.019 million compared to a loss of $2.810 million in the prior year.

For the six months ended September 30, 2024, the Fund reported a net increase in net assets resulting from operations of $12.207 million, a significant turnaround from a net decrease of $4.644 million in the same period of 2023. The contributions for shares issued also saw a notable increase, totaling $11.678 million compared to $2.696 million in the previous year.

The Fund's performance was influenced by a rise in gold prices, which increased from $2,214.35 per fine ounce at March 31, 2024, to $2,629.95 per fine ounce by September 30, 2024. This price increase contributed to the overall positive change in net assets from operations, which included a sponsor fee of $(53,854) and a net change in unrealized appreciation on gold investments of $12.249 million.

The Fund's operational structure remains stable, with no extraordinary expenses reported during the periods presented. The annual sponsor fee is set at 0.15% of the NAV, calculated daily and payable monthly. The Fund continues to focus on responsibly sourced gold, adhering to the standards set by the London Bullion Market Association (LBMA).