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Statements of comprehensive income (loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Income    
Net realized gains (losses) on redemptions and sale of gold and silver bullion $ 759 $ (16,398)
Change in unrealized gains (losses) on gold and silver bullion 1,026,156 455,536
Total income 1,026,915 439,138
Expenses    
Management fees (note 8) 14,766 11,015
Bullion storage fees 1,686 7,285
Sales tax 1,311 370
Legal fees 321 96
Unitholder reporting costs 162 218
Listing and regulatory filing fees 165 340
Administrative fees 262 187
Audit fees 176 134
Independent Review Committee fees 12 11
Custodial fees 5 11
Trustee fees 5 4
Net foreign exchange gains (losses) 1 (1)
Total expenses 18,872 19,670
Net income (loss) and comprehensive income (loss) $ 1,008,043 $ 419,468
Weighted average number of Units 209,428,881 196,664,619
Increase (decrease) in total equity from operations per Unit $ 4.81 $ 2.13