XML 28 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statements of Operations (USD $)
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
REVENUES      
Value of gold transferred to pay expenses $ 5,992,000 $ 7,130,000 $ 5,652,000
Cost of gold transferred to pay expenses (5,528,000) (5,647,000) (4,434,000)
Gain on gold transferred to pay expenses 464,000 1,483,000 1,218,000
Gain on gold distributed for the redemption of Shares 1,081,000 20,240,000 15,511,000
Realized loss on investment in gold (126,937,000) 0 0
Total (loss) / gain on gold (125,392,000) 21,723,000 16,729,000
EXPENSES      
Sponsor’s Fee 5,712,292 7,200,166 5,855,861
Total expenses 5,712,000 7,200,000 5,856,000
Net (loss) / gain from operations $ (131,104,000) $ 14,523,000 $ 10,873,000
Net (loss) / gain per Share (in Dollars per Share) $ (12.58) $ 1.30 $ 1.14
Weighted average number of Shares (in Shares) 10,419,863 11,169,672 9,551,507