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Condensed Statements of Operations (USD $)
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
REVENUES    
Value of gold transferred to pay expenses $ 1,729,006 $ 1,100,821
Cost of gold transferred to pay expenses (1,358,232) (946,203)
Gain on gold transferred to pay expenses 370,774 154,618
Gain on gold distributed for the redemption of shares 5,199,633 1,434,889
Total gain on gold 5,570,407 1,589,507
EXPENSES    
Sponsor’s Fee 1,778,181 1,141,622
Total expenses 1,778,181 1,141,622
Net gain from operations $ 3,792,226 $ 447,885
Net gain per Share (in Dollars per share) $ 0.35 $ 0.05
Weighted average number of Shares (in Shares) 10,977,473 8,564,444