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Condensed Statements of Cash Flows (USD $)
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
INCREASE / (DECREASE) IN CASH FROM OPERATIONS:          
Cash proceeds received from transfer of gold $ 0 $ 0 $ 0 $ 0  
Cash expenses paid 0 0 0 0  
Increase in cash resulting from operations 0 0 0 0  
Cash and cash equivalents at beginning of period 0 0 0 0 0
Cash and cash equivalents at end of period 0 0 0 0 0
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:          
Value of gold received for creation of Shares 22,855,339 30,215,575 108,504,553 154,351,243 466,052,746
Value of gold distributed for redemption of Shares - at average cost 12,979,422 0 32,457,286 11,762,856 55,843,669
RECONCILIATION OF NET GAIN / (LOSS) TO NET CASH PROVIDED BY OPERATING ACTIVITIES:          
Net gain / (loss) from operations 1,992,153 (1,067,389) 5,784,379 (619,504)  
Adjustments to reconcile net gain / (loss) to net cash provided by operating activities:          
Increase in gold assets (8,459,580) (29,163,375) (73,272,699) (140,589,984)  
(Decrease) / increase in amounts payable to Sponsor (45,070) 15,187 4,111 55,988  
Increase / (decrease) in redeemable Shares:          
Creations 22,855,340 30,215,577 108,504,551 154,351,245  
Redemptions (16,342,843) 0 (41,020,342) (13,197,745)  
Net cash provided by operating activities 0 0 0 0  
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:          
Value of gold transferred to pay expenses $ 1,767,947 $ 1,296,347 $ 3,496,953 $ 2,397,168