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Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
EXPENSES      
Sponsor's Fee $ 3,444,870 $ 4,165,756  
Total expenses 3,445,000 [1] 4,166,000 [2] $ 5,712,000
Net investment loss (3,445,000) [1] (4,166,000) [1],[2] (5,712,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)      
Realized (loss) / gain on gold transferred to pay expenses (94,000) [1] 212,000 [2] 464,000
Realized (loss) / gain on gold distributed for the redemption of Shares (3,410,000) [1] 509,000 [2] 1,081,000
Change in unrealized loss on investment in gold (101,529,000) [1] (2,266,000) [1],[2] 0
Realized loss on investment in gold 0 [1] 0 [2] (126,937,000)
Total (loss) / gain on Gold (105,033,000) [1] (1,545,000) [2] (125,392,000)
Change in net assets from operations $ (108,478,000) [1] $ (5,711,000) [2] $ (131,104,000) [1]
Net decrease in net assets per Share $ (13.96) [1] $ (0.67) [2] $ (12.58)
Weighted average number of Shares (in Shares) 7,770,959 [1] 8,578,219 [2] 10,419,863
[1] Effective January 1, 2014, the Trust has adopted the provisions of Topic 946. Refer to Note 2.1 for additional information.
[2] Represents audited amounts prior to the adoption of provisions for an investment company for accounting purposes. Refer to Note 2.1 for additional information.