ROYAL GOLD INC

Ticker: RGLD CUSIP: 780287108 Class: COM

FLOW TRADERS U.S. LLC's Holding History (CIK: 0001466697)

Note: Option positions (PUT/CALL) are excluded.

Q1 2015

Shares 365 Value ($000) $23 Avg Close $68.70 Range $57.55 - $77.20

Q4 2014

Shares 522 Value ($000) $33 Avg Close $65.59 Range $55.55 - $72.81

Q3 2014

Shares 5,558 Value ($000) $361 Avg Close $74.64 Range $63.86 - $82.84

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	365	$23	$68.70	$57.55 - $77.20
Q4 2014	522	$33	$65.59	$55.55 - $72.81
Q3 2014	5,558	$361	$74.64	$63.86 - $82.84