XML 20 R16.htm IDEA: XBRL DOCUMENT

Significant Accounting Policies (Tables)

6 Months Ended

Mar. 31, 2020

Summary of Trust's Investments at Fair Value

The following table summarizes the Trust’s investments at fair value:


(Amounts in 000’s of US$) March 31, 2020	Level 1		Level 2		Level 3
Investment in Gold	$	49,901,039	$	—	$	—

Total	$	49,901,039	$	—	$	—


(Amounts in 000’s of US$) September 30, 2019	Level 1		Level 2		Level 3
Investment in Gold	$	44,169,240	$	—	$	—

Total	$	44,169,240	$	—	$	—

Gold Receivable

Gold receivable represents the quantity of gold covered by contractually binding orders for the creation of Shares where the gold has not yet been transferred to the Trust’s account. Generally, ownership of the gold is transferred within two business days of the trade date.


	Mar-31,		Sep-30,
(Amounts in 000’s of US$)	2020		2019
Gold receivable	$	181,619	$	—

Gold Payable

Gold payable represents the quantity of gold covered by contractually binding orders for the redemption of Shares where the gold has not yet been transferred out of the Trust’s account. Generally, ownership of the gold is transferred within two business days of the trade date.


	Mar-31,		Sep-30,
(Amounts in 000’s of US$)	2020		2019
Gold payable	$	60,540	$	195,999

SPDR Gold Mini Shares Trust [Member]

Creations and Redemptions of Shares

Activity in the number of Shares created and redeemed for the six months ended March 31, 2020 and 2019 are as follows:


(All amounts are in 000’s)	Six Months Ended Mar-31, 2020			Six Months Ended Mar-31, 2019
Activity in Number of Shares Created and Redeemed:
Creations		66,800			50,500
Redemptions		(50,400	)		(35,700	)

Net Change in Number of Shares Created and Redeemed		16,400			14,800


(Amounts in 000’s of US$)	Six Months Ended Mar-31, 2020			Six Months Ended Mar-31, 2019
Activity in Value of Shares Created and Redeemed:
Creations	$	9,938,241		$	6,027,193
Redemptions		(7,254,854	)		(4,324,677	)

Net Change in Value of Shares Created and Redeemed	$	2,683,387		$	1,702,516