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Condensed Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
EXPENSES        
Sponsor’s Fee $ 890,246 $ 1,086,360 $ 1,797,521 $ 2,139,512
Total expenses 891,000 1,086,000 1,798,000 2,140,000
Net investment loss (891,000) (1,086,000) (1,798,000) (2,140,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain on gold transferred to pay expenses (9,000) 89,000 7,000 126,000
Realized (loss) / gain on gold distributed for the redemption of Shares (299,000) 1,036,000 (629,000) 1,282,000
Change in unrealized (loss) / gain on investment in gold (12,024,000) 18,110,000 (22,418,000) 95,267,000
Total (loss) / gain on gold (12,332,000) 19,235,000 (23,040,000) 96,675,000
Change in net assets from operations $ (13,223,000) $ 18,149,000 $ (24,838,000) $ 94,535,000
Net (decrease) / increase in net assets per Share (in Dollars per share) $ (1.68) $ 2.10 $ (3.15) $ 10.90
Weighted average number of Shares (in Shares) 7,874,725 8,631,319 7,878,177 8,669,061