iShares Gold Trust/  US4642852044  /

The iShares® Gold Trust (the "Trust") issues shares ("Shares") representing fractional undivided beneficial interests in its net assets. The assets of the Trust consist primarily of gold held by a custodian on behalf of the Trust. The Trust seeks to reflect generally the performance of the price of gold. The Trust seeks to reflect such performance before payment of the Trust"s expenses and liabilities. The Shares are listed and trade on NYSE Arca, Inc. ("NYSE Arca") under the ticker symbol "IAU". Market prices for the Shares may be different from the net asset value per Share. The Trust seeks to reflect generally the performance of the price of gold. The Trust seeks to reflect such performance before payment of the Trust"s expenses and liabilities. The Shares are intended to constitute a simple and costeffective means of making an investment similar to an investment in gold. An investment in physical gold requires expensive and sometimes complicated arrangements in connection with the assay, transportation, warehousing and insurance of the metal. Traditionally, such expense and complications have resulted in investments in physical gold being efficient only in amounts beyond the reach of many investors. The Shares have been designed to remove the obstacles represented by the expense and complications involved in an investment in physical gold, while at the same time having an intrinsic value that reflects, at any given time, the price of the gold owned by the Trust at such time, less the Trust"s expenses and liabilities. Although the Shares are not the exact equivalent of an investment in gold, they provide investors with an alternative that allows a level of participation in the gold market through the securities market.

The iShares® Gold Trust (the "Trust") issues shares ("Shares") representing fractional undivided beneficial interests in its net assets. The assets of the Trust consist primarily of gold held by a custodian on behalf of the Trust. The Trust seeks to reflect generally the performance of the price of gold. The Trust seeks to reflect such performance before payment of the Trust"s expenses and liabilities. The Shares are listed and trade on NYSE Arca, Inc. ("NYSE Arca") under the ticker symbol "IAU". Market prices for the Shares may be different from the net asset value per Share.