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Condensed Statements of Financial Condition (USD $)
Jun. 30, 2012
Dec. 31, 2011
ASSETS    
Investment in gold (1) $ 1,450,117,976 [1] $ 1,376,845,277 [1],[2]
Total assets 1,450,117,976 1,376,845,277 [2]
LIABILITIES    
Fees payable to Sponsor 564,731 560,620 [2]
Total liabilities 564,731 560,620 [2]
REDEEMABLE SHARES AND SHAREHOLDERS’ DEFICIT    
Shares at redemption value to investors (2) 1,762,866,605 [3] 1,677,362,792 [2],[3]
Shareholders’ deficit (313,313,360) (301,078,135) [2]
Total liabilities, redeemable Shares and shareholders’ deficit $ 1,450,117,976 $ 1,376,845,277 [2]
[1] The market value of investment in gold at June 30, 2012 was $1,763,431,336 and at December 31, 2011 was $1,677,923,412.
[2] Derived from audited Statement of Financial Condition as of December 31, 2011.
[3] Authorized share capital is unlimited with no par value per share. Shares issued and outstanding at June 30, 2012 were 11,150,000 and at December 31, 2011 were 10,750,000.