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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
EXPENSES      
Sponsor’s Fee $ 1,680,258 $ 3,567,948 $ 3,997,282
Total expenses 1,680,000 3,568,000 3,997,000
Net investment loss (1,680,000) (3,568,000) (3,997,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)      
Realized gain on gold transferred to pay expenses 154,000 159,000 99,000
Realized gain on gold distributed for the redemption of Shares 8,541,000 10,687,000 2,048,000
Change in unrealized gain/ (loss) on investment in gold 146,664,000 (29,434,000) 108,712,000
Total gain/ (loss) on investment in gold 155,359,000 (18,588,000) 110,859,000
Change in net assets from operations $ 153,679,000 $ (22,156,000) $ 106,862,000
Net increase/ (decrease) in net assets per Share [1] $ 2.09 $ (0.29) $ 1.27
Weighted average number of Shares (in Shares) [1] 73,381,967 77,198,630 83,869,863
[1] After the close of markets on November 1, 2019, the Trust effected a ten-for-one forward share split of the Shares issued by the Trust (the "Split"). The information presented attributable to periods prior to the Split has been adjusted to reflect the effects of the Split.