Silver Bullion Trust reported unaudited earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported total income of $8,867,726 against $23,802,898 a year ago. Net income inclusive of the change in unrealized appreciation of holdings was $8,779,717 against $23,684,825 a year ago. Net income per unit was $1.61 against $4.33 a year ago.

For the nine months, the company reported total loss of $25,999,012 against total income of $20,348,073 a year ago. Net loss inclusive of the change in unrealized appreciation of holdings was $26,293,587 against net income of $20,005,894 a year ago. Net loss per unit was $4.81 against net income per unit of $3.66 a year ago. Net asset value per unit as on September 30, 2013 was $12.67 against $17.48 as on September 30, 2012.