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Significant Accounting Policies (Narrative) (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Significant Accounting Policies [Abstract]      
Percentage of gold held by UBS A.G. 0.00%    
Basket of shares 50,000    
Fair value transfers $ 0   $ 0
Annualized rate of Sponsors Fee 0.39%    
Reserve for uncertain tax positions $ 0   0
Sponsor Fees 1,061,160 $ 959,197  
Fees payable to Sponsor 372,542   $ 346,853
All other expenses $ 0 $ 0