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Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
EXPENSES        
Sponsor Fees $ 1,102,345 $ 434,586 $ 2,498,171 $ 1,181,314
Total expenses 1,102,000 434,000 2,498,000 1,181,000
Net investment loss (1,102,000) (434,000) (2,498,000) (1,181,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain on gold transferred to pay expenses 208,000 52,000 417,000 88,000
Realized gain on gold distributed for the redemption of Shares 4,384,000 3,508,000 13,801,000 6,279,000
Change in unrealized gain and loss on investment in gold 130,063,000 46,608,000 354,539,000 127,123,000
Total gain on investment in gold 134,655,000 50,168,000 368,757,000 133,490,000
Change in net assets from operations $ 133,553,000 $ 49,734,000 $ 366,259,000 $ 132,309,000
Net increase / (decrease) in net assets per Share [1] $ 0.94 $ 0.69 $ 3.15 $ 1.87
Weighted average number of Shares [1] 142,115,217 72,559,783 [2] 116,378,467 70,763,736 [2]
[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.
[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.