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Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2012
Significant Accounting Policies [Abstract]  
Schedule Of Unrealized Gains Or Losses On The Trust's Gold Holdings

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2012

 

December 31, 2011

 

 

 

 

 

 

Investment in gold - average cost

$

1,481,533,529 

 

$

1,376,845,277 

Unrealized gain on investment in gold

 

502,114,599 

 

 

301,078,135 

Investment in gold - market value

$

1,983,648,128 

 

$

1,677,923,412 

 

Schedule Of Gold Receivable And Payable

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2012

 

December 31, 2011

 

 

 

 

 

 

Gold receivable

$

17,549,398 

 

$

 

 

 

 

 

 

Gold payable

$

 

$

 

Schedule Of Redeemable Capital Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months

 

Year

 

Ended

 

Ended

 

September 30, 2012

 

December 31, 2011

Number of redeemable Shares

 

 

 

 

 

Opening balance

 

10,750,000 

 

 

8,250,000 

Creations

 

1,100,000 

 

 

2,950,000 

Redemptions

 

(450,000)

 

 

(450,000)

Closing balance

 

11,400,000 

 

 

10,750,000 

 

 

 

 

 

 

Redeemable Shares

 

 

 

 

 

Opening balance

$

1,677,362,792 

 

$

1,157,505,203 

Creations

 

184,909,847 

 

 

466,052,755 

Redemptions

 

(72,954,024)

 

 

(71,329,603)

Adjustment to redemption value

 

211,248,714 

 

 

125,134,437 

Closing balance

$

2,000,567,329 

 

$

1,677,362,792 

 

 

 

 

 

 

Redemption value per Share at period end

$

175.49 

 

$

156.03 

 

Schedule Of Investment In Gold

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months

 

Year

 

Ended

 

Ended

 

September 30, 2012

 

December 31, 2011

Ounces of gold

 

 

 

 

 

Opening balance

 

1,065,686.5 

 

 

821,051.2 

Creations (excluding gold receivable at September 30, 2012 - 9,881.4 oz)

 

98,961.9 

 

 

292,915.5 

Redemptions

 

(44,523.0)

 

 

(44,662.3)

Transfers of gold

 

(3,206.4)

 

 

(3,617.9)

Closing balance

 

1,116,919.0 

 

 

1,065,686.5 

 

 

 

 

 

 

Investment in gold (lower of cost or market value)

 

 

 

 

 

Opening balance

$

1,376,845,277 

 

$

971,070,331 

Creations (excluding gold receivable at September 30, 2012 - $17,420,940)*

 

167,360,452 

 

 

466,052,746 

Redemptions

 

(58,473,434)

 

 

(55,843,669)

Transfers of gold

 

(4,198,766)

 

 

(4,434,131)

Closing balance

$

1,481,533,529 

 

$

1,376,845,277 

 

 

 

*Market value of gold receivable at September 30, 2012 - $17,549,398.