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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Statement of Stockholders' Equity [Abstract]        
Opening balance (in shares) 38,250,000 24,850,000 33,750,000 23,300,000
Opening balance $ 886,323 $ 335,219 $ 863,664 $ 407,464
Net investment loss (777) (333) (1,458) (617)
Realized gain / (loss) on investment in silver 1,434 (167) 14,629 (281)
Change in unrealized gain on investment in silver $ 60,588 $ 103,126 (44,632) 10,055
Change in unrealized (loss) on unsettled creations or redemptions     $ (83)
Creations (in shares) 3,700,000 4,600,000 9,900,000 6,250,000
Creations $ 95,196 $ 70,566 $ 255,640 $ 93,521
Redemptions (in shares) (250,000) (50,000) (1,950,000) (150,000)
Redemptions $ (6,214) $ (730) $ (51,293) $ (2,378)
Closing balance (in shares) 41,700,000 29,400,000 41,700,000 29,400,000
Closing balance $ 1,036,550 $ 507,681 $ 1,036,550 $ 507,681