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Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
EXPENSES    
Sponsor’s Fee $ 587,711 $ 373,202
Total expenses 588,000 373,000
Net investment loss (588,000) (373,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)    
Realized gain on gold transferred to pay expenses 89,000 19,000
Realized gain on gold distributed for the redemption of Shares 9,417,000 1,430,000
Change in unrealized gain on investment in gold 59,879,000 7,609,000
Total gain on investment in gold 69,385,000 9,058,000
Change in net assets from operations $ 68,797,000 $ 8,685,000
Net increase in net assets per Share [1] $ 0.76 $ 0.12
Weighted average number of Shares (in Shares) [1] 90,987,912 70,911,111
[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.