XML 15 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
EXPENSES        
Sponsor’s Fee $ 1,073,854 $ 835,812 $ 2,908,753 $ 2,633,333
Total expenses 1,074,000 835,000 2,909,000 2,633,000
Net investment loss (1,074,000) (835,000) (2,909,000) (2,633,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain / (loss) on gold transferred to pay expenses 89,000 (44,000) 63,000 (37,000)
Realized loss on gold distributed for the redemption of Shares 0 (1,233,000) (2,710,000) (1,862,000)
Change in unrealized loss on investment in gold 771,000 (42,100,000) 197,351,000 (64,518,000)
Total gain / (loss) on investment in gold 860,000 (43,377,000) 194,704,000 (66,417,000)
Change in net assets from operations $ (214,000) $ (44,212,000) $ 191,795,000 $ (69,050,000)
Net (decrease) / increase in net assets per Share $ (0.03) $ (5.73) $ 23.69 $ (8.83)
Weighted average number of Shares (in Shares) 8,516,848 7,718,478 8,096,168 7,824,359