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Statements of Operations (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
EXPENSES        
Sponsor’s Fee $ 1,086,360 $ 1,446,851 $ 2,139,512 $ 3,258,496
Total expenses 1,086,000 [1] 1,447,000 [2] 2,140,000 [1] 3,259,000 [2]
Net investment loss (1,086,000) [1] (1,447,000) [2] (2,140,000) [1] (3,259,000) [2]
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain on gold transferred to pay expenses 89,000 [1] 171,000 [2] 126,000 [1] 513,000 [2]
Realized gain on gold distributed for the redemption of Shares 1,036,000 [1] 6,644,000 [2] 1,282,000 [1] 9,752,000 [2]
Unrealized gain on investment in gold 18,110,000 [1] (153,244,000) [2] 95,267,000 [1] (153,244,000) [2]
Total gain / (loss) on gold 19,235,000 [1] (146,429,000) [2] 96,675,000 [1] (142,979,000) [2]
Change in net assets from operations $ 18,149,000 [1] $ (147,876,000) [2],[3] $ 94,535,000 [1] $ (146,238,000) [2],[3]
Net increase / (decrease) in net assets per Share (in Dollars per share) $ 2.10 [1] $ (13.49) [2] $ 10.90 [1] $ (12.92) [2]
Weighted average number of Shares (in Shares) 8,631,319 [1] 10,964,286 [2] 8,669,061 [1] 11,318,785 [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 June 30, 2014. Refer to Note 2.1 for additional information.