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Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2014
Significant Accounting Policies [Abstract]  
Quantitative Effect Of Adoption Of Investment Company Accounting

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quantitative effect of adoption of investment company accounting

 

 

 

 

 

 

 

 

 

 

 

 

Value at

 

 

 

Gain / (loss)

 

 

December 31, 2013

 

Value at

 

as a result of

 

 

at lower of cost

 

January 1, 2014

 

change in

(Amounts in 000's of US$)

 

or market value

 

at fair value

 

accounting principle

Investment in gold

 

$

1,040,003 

 

$

1,040,003 

 

$

 

Schedule Of Unrealized Gains Or Losses On The Trust's Gold Holdings

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2014

 

December 31, 2013

(Amounts in 000's of US$)

 

 

 

 

 

Investment in gold - cost

$

1,027,189 

 

$

1,040,003 

Unrealized gain on investment in gold

 

77,157 

 

 

Investment in gold - fair value

$

1,104,346 

 

$

1,040,003 

 

Categorization Of The Trust's Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair value hierarchy

 

 

 

 

 

 

 

 

 

 

 

 

 

(Amounts in 000's of US$)

 

March 31, 2014

 

December 31, 2013

 

 

 

 

 

 

 

Level 2

 

 

 

 

 

 

Investment in gold

 

$

1,104,346 

 

$

1,040,003 

 

Schedule Of Gold Receivable And Payable

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2014

 

December 31, 2013

(Amounts in 000's of US$)

 

 

 

 

 

Gold receivable

$

 

$

 

 

 

 

 

 

Gold payable

$

 

$

5,907 

 

Schedule Of Redeemable Capital Shares

 

 

 

 

 

 

 

Year

 

Ended

(Amounts in 000's of US$ except for Share and per Share data)

December 31, 2013

Number of Redeemable Shares

 

 

Opening balance

 

11,750,000 

Creations

 

150,000 

Redemptions

 

(3,150,000)

Closing balance

 

8,750,000 

 

 

 

Redeemable Shares

 

 

Opening balance

$

1,930,056 

Creations

 

22,226 

Redemptions

 

(418,671)

Adjustment to redemption value

 

(499,866)

Closing balance

$

1,033,745 

 

 

 

Redemption value per Share at period end

$

118.14 

 

Schedule Of Investment In Gold

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months

 

Year

 

Ended

 

Ended

(Amounts in 000's of US$ except for ounces data)

March 31, 2014

 

December 31, 2013

Ounces of gold

 

 

 

 

 

Opening balance

 

865,587.1 

 

 

1,160,268.7 

Creations

 

 

 

14,786.5 

Redemptions

 

(9,832.2)

 

 

(305,365.7)

Transfers of gold to pay expenses

 

(832.7)

 

 

(4,102.4)

Closing balance

 

854,922.2 

 

 

865,587.1 

 

 

 

 

 

 

Investment in gold

 

 

 

 

 

Opening balance

$

1,040,003 

 

$

1,561,925 

Creations

 

 

 

22,226 

Redemptions

 

(11,813)

 

 

(411,683)

Transfers of gold to pay expenses

 

(1,001)

 

 

(5,528)

Realized loss on investment in gold

 

 

 

(126,937)

Change in unrealized gain on investment in gold

 

77,157 

 

 

Closing balance

$

1,104,346 

 

$

1,040,003