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Statements of Assets and Liabilities (USD $)
Dec. 31, 2014
Dec. 31, 2013
ASSETS    
Investment in gold (cost: December 31, 2014: $942,277; December 31, 2013: $1,040,003) $ 940,011,000us-gaap_InvestmentInPhysicalCommodities [1],[2] $ 1,040,003,000us-gaap_InvestmentInPhysicalCommodities [1],[3]
Total assets 940,011,000us-gaap_Assets [2] 1,040,003,000us-gaap_Assets [3]
LIABILITIES    
Fees payable to Sponsor 321,355us-gaap_AccountsPayableRelatedPartiesCurrent 350,601us-gaap_AccountsPayableRelatedPartiesCurrent
Gold payable 23,493,000sgol_BullionPayableAtMarketValue [2] 5,907,000sgol_BullionPayableAtMarketValue [3]
Total liabilities 23,814,000us-gaap_Liabilities [2] 6,258,000us-gaap_Liabilities [3]
NET ASSETS 916,197,000us-gaap_AssetsNet [2] 1,033,745,000us-gaap_AssetsNet [3]
ANALYSIS OF NET ASSETS    
Total net assets $ 916,197,000us-gaap_StockholdersEquity [2],[4] $ 1,033,745,000us-gaap_StockholdersEquity [2],[3],[4]
[1] At December 31, 2014, the investment in gold is valued at fair value. At December 31, 2013 the investment in gold was valued 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] 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.
[3] Derived from audited Statement of Financial Condition as of December 31, 2013. The amounts are those previously reported under non-investment company accounting. Refer to Note 2.1 for additional information.
[4] Authorized share capital is unlimited and no par value per share. Shares issued and outstanding at December 31, 2014 were 7,800,000 and at December 31, 2013 were 8,750,000. Net asset value per Share at December 31, 2014 was $117.46 and at December 31, 2013 was $118.14.