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Condensed Statements of Financial Condition (USD $)
Sep. 30, 2012
Dec. 31, 2011
ASSETS    
Investment in gold $ 1,481,533,529 [1] $ 1,376,845,277 [1],[2]
Gold receivable 17,549,398 0 [2]
Total assets 1,499,082,927 1,376,845,277 [2]
LIABILITIES    
Fees payable to the Sponsor 630,197 560,620 [2]
Total liabilities 630,197 560,620 [2]
REDEEMABLE SHARES AND SHAREHOLDERS' DEFICIT    
Shares at redemption value to investors 2,000,567,329 [3] 1,677,362,792 [2],[3]
Shareholders’ deficit (502,114,599) (301,078,135) [2]
Total liabilities, redeemable Shares & shareholders’ deficit $ 1,499,082,927 $ 1,376,845,277 [2]
[1] The investment in gold is valued at the lower of cost or market. Refer to note 2.1 for a breakdown of cost and market value of the investment in gold.
[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 September 30, 2012 were 11,400,000 and at December 31, 2011 were 10,750,000.