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Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
EXPENSES      
Sponsor’s Fee $ 4,165,756us-gaap_SponsorFees $ 5,712,292us-gaap_SponsorFees $ 7,200,166us-gaap_SponsorFees
Total expenses 4,166,000us-gaap_OperatingExpenses [1] 5,712,000us-gaap_OperatingExpenses [2] 7,200,000us-gaap_OperatingExpenses
Net investment loss (4,166,000)sgol_NetInvestmentGainLoss [1],[3] (5,712,000)sgol_NetInvestmentGainLoss [2] (7,200,000)sgol_NetInvestmentGainLoss
REALIZED AND UNREALIZED GAINS / (LOSSES)      
Realized gain on gold transferred to pay expenses 212,000us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses [1] 464,000us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses [2] 1,483,000us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses
Realized gain on gold distributed for the redemption of shares 509,000sgol_RealizedGainLossOnBullionDistributedForRedemptionOfShares [1] 1,081,000sgol_RealizedGainLossOnBullionDistributedForRedemptionOfShares [2] 20,240,000sgol_RealizedGainLossOnBullionDistributedForRedemptionOfShares
Change in unrealized loss on investment in gold (2,266,000)sgol_ChangeInUnrealizedGainLossOnInvestmentInBullion [1],[3] 0sgol_ChangeInUnrealizedGainLossOnInvestmentInBullion [2] 0sgol_ChangeInUnrealizedGainLossOnInvestmentInBullion
Realized loss on investment in gold 0sgol_RealizedGainLossOnBullion [1] (126,937,000)sgol_RealizedGainLossOnBullion [2] 0sgol_RealizedGainLossOnBullion
Total (loss) / gain on gold (1,545,000)sgol_TotalGainLossOnBullion [1] (125,392,000)sgol_TotalGainLossOnBullion [2] 21,723,000sgol_TotalGainLossOnBullion
Change in net assets from operations $ (5,711,000)us-gaap_NetIncomeLoss [1] $ (131,104,000)us-gaap_NetIncomeLoss [2],[3],[4] $ 14,523,000us-gaap_NetIncomeLoss [3],[4]
Net (decrease) / increase in net assets per Share (in Dollars per share) $ (0.67)us-gaap_EarningsPerShareBasic [1] $ (12.58)us-gaap_EarningsPerShareBasic [2] $ 1.30us-gaap_EarningsPerShareBasic
Weighted average number of Shares (in Shares) 8,578,219us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [1] 10,419,863us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [2] 11,169,672us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
[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] 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.
[4] 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 year ended December 31, 2014. Refer to Note 2.1 for additional information.