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Statements of Operations (USD $)
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
EXPENSES        
Sponsor’s Fee $ 1,049,835 $ 1,300,748 $ 3,189,347 $ 4,559,244
Total expenses 1,050,000 [1] 1,301,000 [2] 3,189,000 [1] 4,559,000 [2]
Net investment loss (1,050,000) [1] (1,301,000) [2] (3,189,000) [1] (4,559,000) [2]
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain / (loss) on gold transferred to pay expenses 78,000 [1] (23,000) [2] 204,000 [1] 490,000 [2]
Realized (loss) / gain on gold distributed for the redemption of Shares   (1,316,000) [2] 1,282,000 [1] 8,436,000 [2]
Change in unrealized (loss) / gain on investment in gold (83,156,000) [1] 132,675,000 [2] 12,111,000 [1] (20,569,000) [2]
Total (loss) / gain on gold (83,078,000) [1] 131,336,000 [2] 13,597,000 [1] (11,643,000) [2]
Change in net assets from operations $ (84,128,000) [1] $ 130,035,000 [2],[3] $ 10,408,000 [1] $ (16,202,000) [2],[3]
Net (decrease) / increase in net assets per Share (in Dollars per share) $ (9.78) [1] $ 13.29 [2] $ 1.20 [1] $ (1.50) [2]
Weighted average number of Shares (in Shares) 8,599,457 [1] 9,784,239 [2] 8,645,604 [1] 10,801,648 [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 three and nine months ended September 30, 2014. Refer to Note 2.1 for additional information.