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Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
EXPENSES        
Sponsor’s Fee $ 1,018,077 $ 1,073,854 $ 2,964,034 $ 2,908,753
Total expenses 1,018,000 1,074,000 2,964,000 2,909,000
Net investment loss (1,018,000) (1,074,000) (2,964,000) (2,909,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain on gold transferred to pay expenses 36,000 89,000 47,000 63,000
Realized gain / (loss) on gold distributed for the redemption of Shares 531,000 0 903,000 (2,710,000)
Change in unrealized gain on investment in gold 32,238,000 771,000 98,990,000 197,351,000
Total gain on investment in gold 32,805,000 860,000 99,940,000 194,704,000
Change in net assets from operations $ 31,787,000 $ (214,000) $ 96,976,000 $ 191,795,000
Net increase / (decrease) in net assets per Share $ 3.80 $ (0.03) $ 11.58 $ 23.69
Weighted average number of Shares (in Shares) 8,371,739 8,516,848 8,375,458 8,096,168