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Unaudited Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
INCREASE/DECREASE IN CASH FROM OPERATIONS:        
Proceeds received from sales of gold $ 44,472 $ 32,218 $ 87,682 $ 61,330
Expenses paid (44,472) (32,218) (87,682) (61,330)
Increase/(Decrease) in cash resulting from operations 0 0 0 0
Cash and cash equivalents at beginning of period 0 0 0 0
Cash and cash equivalents at end of period 0 0 0 0
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:        
Value of gold received for creation of shares-net of gold receivable 8,374,253 2,820,652 9,756,622 6,027,193
Value of gold distributed for redemption of shares-net of gold payable 4,560,046 2,959,784 7,390,313 4,324,677
RECONCILIATION OF NET INCOME/(LOSS) TO NET CASH PROVIDED BY OPERATING ACTIVITIES        
Net income/(loss) 2,345,923 344,840 3,363,426 2,627,122
Adjustments to reconcile net income/(loss) to net cash provided by operating activities        
Proceeds from sales of gold to pay expenses 44,472 32,218 87,682 61,330
Net realized (gain)/loss from investment in gold sold to pay expenses (6,379) (1,092) (11,042) (269)
Net realized (gain)/loss from gold distributed for the redemption of shares (660,138) (120,555) (940,355) (82,967)
Net change in unrealized (appreciation)/depreciation on investment in gold (1,725,878) (255,938) (2,501,775) (2,606,799)
Increase/(Decrease) in accounts payable to Sponsor 2,000 527 2,064 1,583
Increase/(Decrease) in cash resulting from operations $ 0 $ 0 $ 0 $ 0