XML 23 R9.htm IDEA: XBRL DOCUMENT v3.20.4
Financial Highlights - $ / shares
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Per Share Performance (for a Share outstanding throughout the entire period)      
Net asset value per Share at beginning of period [1] $ 14.58 $ 12.36 $ 12.55
Income from investment operations:      
Net investment loss [1] (0.03) (0.02) (0.05)
Total realized and unrealized gains or losses on investment in gold [1] 3.59 2.24 (0.14)
Change in net assets from operations [1] 3.56 2.22 (0.19)
Net asset value per Share at end of period [1] $ 18.14 $ 14.58 $ 12.36
Weighted average number of Shares [2] 124,112,022 73,381,967 77,198,630
Expense ratio 0.17% 0.17% 0.38% [3]
Net investment loss ratio (0.17%) (0.17%) (0.38%)
Total return, net asset value 24.42% 17.95% (1.51%)
[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.
[3] Effective December 1, 2018, the Sponsor’s fee accruals daily at an annualized rate of 0.17%. Prior to December 1, 2018, the Sponsor’s fee accrued at a daily annualized rate of 0.39%.