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Changes in ounces of gold and their respective values for the years ended December 31, 2020 and 2019 are set out below: (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2020
USD ($)
oz
Dec. 31, 2019
USD ($)
oz
Dec. 31, 2018
USD ($)
oz
Accounting Policies [Abstract]      
Opening balance | oz 787,688.3 641,449.1  
Creations | oz 739,919.1 222,589.1  
Redemptions | oz (120,236.3) (75,167.4)  
Transfers of gold to pay expenses | oz (1,940.6) (1,182.5)  
Investment Owned, Balance, Other Measure | oz 1,405,430.5 787,688.3 641,449.1
Opening balance $ 1,193,151 $ 822,113  
Creations 1,298,953 319,522  
Redemptions (203,169) (102,215)  
Realized gain on gold distributed for the redemption of Shares 30,873 8,541 $ 10,687
Transfers of gold to pay expenses (3,433) (1,628)  
Realized gain on gold transferred to pay expenses 643 154 159
Change in unrealized gain on investment in gold 335,873 146,664 (29,434)
Investment in Physical Commodities $ 2,652,891 $ 1,193,151 $ 822,113