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Condensed Statements of Cash Flows (USD $)
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
INCREASE / (DECREASE) IN CASH FROM OPERATIONS:    
Cash proceeds received from transfer of gold $ 0 $ 0
Cash expenses paid 0 0
Increase in cash resulting from operations 0 0
Cash and cash equivalents at beginning of period 0 0
Cash and cash equivalents at end of period 0 0
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:    
Value of gold received for creation of Shares 85,649,215 124,135,668
Value of gold distributed for redemption of Shares - at average cost 19,477,864 11,762,856
RECONCILIATION OF NET GAIN TO NET CASH PROVIDED BY OPERATING ACTIVITIES:    
Net gain from operations 3,792,226 447,885
Adjustments to reconcile net gain to net cash provided by operating activities:    
Increase in gold assets (64,813,119) (111,426,609)
Increase in fees payable to Sponsor 49,181 40,801
Increase / (decrease) in redeemable Shares:    
Creations 85,649,211 124,135,668
Redemptions (24,677,499) (13,197,745)
Net cash provided by operating activities 0 0
SUPPLEMENTAL DISCLOSURE OF NON-CASH ITEM:    
Value of gold transferred to pay expenses $ 1,729,006 $ 1,100,821