XML 32 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Statements of Cash Flows (USD $)
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
INCREASE 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 - net of gold receivable 58,855,898 192,315,111 167,360,452 [1] 346,666,349 466,052,746 [1]
Value of gold distributed for redemption of Shares - at average cost - net of gold payable 26,016,147 31,276,133 58,473,434 43,038,989 55,843,669
RECONCILIATION OF NET GAIN TO NET CASH PROVIDED BY OPERATING ACTIVITIES:          
Net gain / (loss) from operations 4,427,871 9,680,432 10,212,250 9,060,928  
Adjustments to reconcile net gain to net cash provided by operating activities:          
Increase in gold assets (31,415,553) (159,884,580) (104,688,252) (300,474,564)  
Increase in gold receivable (17,549,398) 0 (17,549,398) 0  
Increase in fees payable to Sponsor 65,466 89,125 69,577 145,113  
Increase / (decrease) in redeemable Shares:          
Creations 76,405,296 192,315,111 184,909,847 346,666,356  
Redemptions (31,933,682) (42,200,088) (72,954,024) (55,397,833)  
Net cash provided by operating activities 0 0 0 0  
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:          
Value of gold transferred to pay expenses $ 1,737,524 $ 1,522,072 $ 5,234,477 $ 3,919,240  
[1] Market value of gold receivable at September 30, 2012 - $17,549,398.