XML 32 R21.htm IDEA: XBRL DOCUMENT v3.20.2
Significant Accounting Policies (Details Narrative) - USD ($)
 3 Months Ended 9 Months Ended
Nov. 04, 2019
Nov. 03, 2019
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Accounting Policies [Abstract]              
Percentage of gold held by sub-custodians     46.11%   46.11%    
Bullion receivable at market value     $ 3,628,814   $ 3,628,814   $ 2,916,821
Gold payable     0   0   0
Minimum block of shares issued redeemed against gold 100,000 50,000          
Reserve for uncertain tax positions     $ 0   $ 0   0
Expense ratio [1]     0.17% 0.17% [2] 0.17% 0.17% [2]  
Maximum sponsor fee for legal expenses         $ 100,000    
Sponsor's Fee     $ 1,102,345 $ 434,586 2,498,171 $ 1,181,314  
Fees payable to Sponsor     377,132   377,132   $ 171,336
All other expenses     $ 0 $ 0 $ 0 $ 0  
[1] Annualized for periods less than one year.
[2] 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.