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Statements of Changes in Net Assets - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Statements of Changes in Net Assets [Abstract]    
Opening balance (in Shares) 82,000,000 68,500,000 [1]
Creations (in Shares) 18,500,000 4,000,000 [1]
Redemptions (in Shares) (5,700,000) (2,000,000) [1]
Closing balance (in Shares) 94,800,000 70,500,000 [1]
Opening balance $ 1,195,897 $ 846,716
Net investment loss (588) (373)
Realized gain on investment in gold 9,506 1,449
Change in unrealized gain on investment in gold 59,879 7,609
Change in unrealized loss on unsettled creations or redemptions (18)  
Creations 285,971 50,211
Redemptions (82,715) (25,195)
Closing balance $ 1,467,932 $ 880,417
[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.