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Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
[1]
Sep. 30, 2014
REVENUES      
Proceeds from sales of gold to pay expenses $ 0 $ 0 $ 135,509
Cost of gold sold to pay expenses 0 0 (129,207)
Gain on gold sold to pay expenses 0 0 6,302
Gain on gold distributed for the redemption of shares 0 0 374,322
Unrealized gain/(loss) on investment in gold 5,084,486 (2,122,974) (477,254) [2]
Total gain/(loss) on gold 0 0 (96,630)
EXPENSES      
Custody fees 0 15,395 22,724
Trustee fees 0 1,584 2,000
Sponsor fees 127,076 53,960 50,158
Marketing agent fees 0 33,636 50,158
Other expenses 0 9,535 8,716
Total expenses 127,076 114,110 133,756
Fees reduced 0 (4,096) 0
Net expenses 127,076 110,014 133,756
Net investment loss (127,076) (110,014) 0 [2]
Net realized and change in unrealized gain/(loss) on investment in gold      
Net realized gain/(loss) from investment in gold sold to pay expenses 614 (5,170) 0 [2]
Net realized gain/(loss) from gold distributed for the redemption of shares (6,601) (447,044) 0 [2]
Net change in unrealized appreciation/(depreciation) on investment in gold 5,084,486 (2,122,974) (477,254) [2]
Net realized and change in unrealized gain/(loss) on investment in gold 5,078,499 (2,575,188) 0
Net income/(loss) $ 4,951,423 $ (2,685,202) $ (230,386) [2]
Net income/(loss) per share $ 18.36 $ (11.10) $ (0.85)
Weighted average number of shares 269,742 241,858 270,245
[1] Effective October 1, 2014, the Trust adopted the financial presentation provisions for an investment company. See note 2.2 to our audited financial statements.
[2] Represents audited statement of changes in shareholders' equity/(deficit) for the year ended September 30, 2014.