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Statements of Operations (USD $)
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
EXPENSES    
Sponsor’s Fee $ 1,053,152 $ 1,811,915
Total expenses 1,053,000 [1] 1,812,000 [2]
Net investment loss (1,053,000) [1] (1,812,000) [2]
REALIZED AND UNREALIZED GAINS / (LOSSES)    
Realized gain on gold transferred to pay expenses 36,000 [1] 342,000 [2]
Realized gain on gold distributed for the redemption of Shares 246,000 [1] 3,108,000 [2]
Change in unrealized gain on investment in gold 77,157,000 [1]  
Total gain on gold 77,439,000 [1] 3,450,000 [2]
Change in net assets from operations $ 76,386,000 [1] $ 1,638,000 [2],[3]
Net increase in net assets per Share (in Dollars per share) $ 8.77 [1] $ 0.14 [2]
Weighted average number of Shares (in Shares) 8,707,222 [1] 11,677,222 [2]
[1] Effective January 1, 2014, the Trust has adopted the provisions of Topic 946, Investment Companies, and follows specialized accounting. Refer to Note 2.1 for additional information.
[2] Amounts are those previously reported under non investment company accounting. Refer to Note 2.1 for additional information.
[3] In accordance with Topic 946, Investment Companies, the Trust meets the exemption criteria to exclude a statement of cash flows. Thus one has not been presented for the period ended March 31, 2014. Refer to Note 2.1 for additional information.