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Statements of Changes in Net Assets - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Statement of Stockholders' Equity [Abstract]      
Opening balance (in Shares) [1] 82,000,000 68,500,000 83,500,000
Opening balance $ 1,195,897 $ 846,716 $ 1,047,979
Net investment loss (3,641) (1,680) (3,568)
Realized gain on investment in gold 31,516 8,695 10,846
Change in unrealized (loss) on investment in gold 335,873 146,664 (29,434)
Creations $ 1,296,036 $ 297,717 $ 157,503
Creations (in Shares) 76,700,000 21,300,000 [1] 12,500,000 [1]
Redemptions $ (203,169) $ (102,215) $ (336,610)
Redemptions (in Shares) (12,500,000) (7,800,000) [1] (27,500,000) [1]
Closing balance (in Shares) 146,200,000 82,000,000 [1] 68,500,000 [1]
Closing balance $ 2,652,512 $ 1,195,897 $ 846,716
[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.