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Statement of Changes in Net Assets - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Statement of Changes in Net Assets [Abstract]        
Opening balance (in Shares)   7,350,000 7,800,000 7,800,000
Creations (in Shares)   1,000,000   250,000
Redemptions (in Shares)   (50,000)   (700,000)
Closing balance (in Shares) 8,300,000 8,300,000   7,350,000
Opening balance   $ 761,731 $ 916,197 $ 916,197
Net investment loss $ (983) (1,835) (1,798) (3,445)
Realized loss on investment in gold   (2,736)   (3,504)
Change in unrealized loss on investment in gold 67,157 196,580 $ (22,418) (101,529)
Change in unrealized loss on unsettled creations or redemptions   44   (175)
Creations   119,604   30,185
Redemptions   (5,951)   (75,998)
Closing balance $ 1,067,437 $ 1,067,437   $ 761,731