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Significant Accounting Policies (Schedule Of Investment In Gold) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2014
oz
Sep. 30, 2013
Sep. 30, 2014
oz
Sep. 30, 2013
oz
Dec. 31, 2013
oz
Significant Accounting Policies [Abstract]          
Opening balance (in Ounces)     865,587.1 1,160,268.7 1,160,268.7
Creations (in Ounces)     4,907.1   14,786.5
Redemptions (in Ounces)     (24,559.6)   (305,365.7)
Transfers of gold to pay expenses (in Ounces)     (2,502.2)   (4,102.4)
Closing balance (in Ounces) 843,432.4   843,432.4   865,587.1
Investment in gold, fair value, opening balance     $ 1,040,003 [1],[2] $ 1,561,925 $ 1,561,925
Creations   6,521 [3] 6,437 22,225 [3] 22,226
Redemptions     (30,791)   (412,764)
Realized gain on gold transferred for redemptions   (1,316) [4] 1,282 [5] 8,436 [4] 1,081
Transfers of gold to pay expenses     (3,210)   (5,992)
Realized gain / (loss) on gold transferred to pay expenses 78 [5] (23) [4] 204 [5] 490 [4] 464
Realized loss on investment in gold     0   (126,937)
Unrealized gain on investment in gold (83,156) [5] 132,675 [4] 12,111 [5] (20,569) [4] 0
Investment in gold, fair value, closing balance $ 1,026,036 [1],[5]   $ 1,026,036 [1],[5]   $ 1,040,003 [1],[2]
[1] At September 30, 2014, the investment in gold is recorded at fair value. At December 31, 2013, the investment in gold was recorded at the lower of cost or market value. Refer to note 2.1 for a breakdown of cost and fair value of the investment in gold.
[2] Derived from audited Statement of Financial Condition as of December 31, 2013.
[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 three and nine months ended September 30, 2014. Refer to Note 2.1 for additional information.
[4] Amounts are those previously reported under non investment company accounting. Refer to Note 2.1 for additional information.
[5] 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.