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Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
EXPENSES        
Sponsor’s Fee $ 986,760 $ 983,042 $ 1,945,957 $ 1,834,899
Total expenses 987,000 983,000 1,946,000 1,835,000
Net investment loss (987,000) (983,000) (1,946,000) (1,835,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain / (loss) on gold transferred to pay 27,000 34,000 11,000 (26,000)
Realized gain / (loss) on gold distributed for the redemption of Shares 162,000 0 372,000 (2,710,000)
Change in unrealized (loss) / gain on investment in gold (2,639,000) 67,157,000 66,752,000 196,580,000
Total (loss) / gain on investment in gold (2,450,000) 67,191,000 67,135,000 193,844,000
Change in net assets from operations $ (3,437,000) $ 66,208,000 $ 65,189,000 $ 192,009,000
Net (decrease) / increase in net assets per Share $ (0.41) $ 8.14 $ 7.78 $ 24.36
Weighted average number of Shares (in Shares) 8,371,429 8,137,912 8,377,348 7,883,516