EXHIBIT 23.4

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the reference to our firm under the caption “Experts” and to the use of our report dated May 25, 2010 with respect to the financial statements of Sprott Physical Gold Trust (the “Trust”) as at March 31, 2010, included in this Registration Statement on Form F-1 and related Prospectus of the Trust dated September 3, 2010.

Toronto, Canada	/s/ Ernst & Young LLP
September 3, 2010	Ernst & Young LLP
	Chartered Accountants
	Licensed Public Accountants