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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Statement of Stockholders' Equity [Abstract]        
Opening balance (in Shares) 129,400,000 69,000,000 82,000,000 68,500,000
Opening balance $ 2,200,961 $ 936,853 $ 1,195,897 $ 846,716
Net investment loss (1,102) (434) (2,498) (1,181)
Realized gain on investment in gold 4,592 3,560 14,218 6,367
Change in unrealized gain on investment in gold $ 130,063 $ 46,608 $ 354,539 $ 127,123
Creations (in Shares) 20,500,000 7,500,000 73,600,000 13,000,000
Creations $ 384,968 $ 108,139 $ 1,240,040 $ 177,878
Redemptions (in Shares) (1,300,000) (1,500,000) (7,000,000) (6,500,000)
Redemptions $ (23,274) $ (21,724) $ (105,988) $ (83,901)
Closing balance (in Shares) 148,600,000 75,000,000 148,600,000 75,000,000
Closing balance $ 2,696,208 $ 1,073,002 $ 2,696,208 $ 1,073,002