Sprott Physical Gold Trust Files 2010 Unaudited Interim Financial Statements

TORONTO, Aug. 30 /CNW/ - Unaudited interim financial statements of Sprott Physical Gold Trust (NYSE Arca: PHYS, TSX: PHY.U) (the "Trust") for the first and second quarters of the current fiscal year have been filed by the Trust on SEDAR, on Form 6-K with the U.S. Securities and Exchange Commission (the "SEC") and are available on the SEC's website (www.sec.gov), the Trust's website (www.sprottphysicalgoldtrust.com) and at www.sedar.com. Hard copies are available, free of charge, upon request. Any such requests should be directed to Email: ir@sprott.com or by calling toll free: (877) 403-2310.

In addition, the Annual Report on Form 20-F of the Trust for the fiscal year ended December 31, 2009 has been filed with the SEC and on SEDAR. The Annual Report is available on the SEC's website, the Trust's website and at www.sedar.com. In addition, unitholders can receive a hard copy of the Trust's report on Form 20-F, containing the Trust's complete financial statements, free of charge, upon request.

About Sprott Physical Gold Trust

Sprott Physical Gold Trust is a closed-end mutual fund trust organized under the laws of the Province of Ontario, Canada, created to invest and hold substantially all of its assets in physical gold bullion. The Trust seeks to provide a secure, convenient and exchange-traded investment alternative for investors interested in holding physical gold bullion without the inconvenience that is typical of a direct investment in physical gold bullion.

SOURCE Sprott Inc.

For further information: For further information: Investor contact information: Telephone: (416) 203-2310, Toll Free: 1 (877) 403-2310, Email: ir@sprott.com

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Sprott Inc.

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Sprott Physical Gold Trust

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