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Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
The categorization of the Trust’s assets is as shown below:

The categorization of the Trust’s assets is as shown below:

 

(Amounts in 000’s of US$) 

March 31, 2021 

  

December 31, 2020 

 
         
Level 1          
Investment in gold  $2,265,171   $2,652,891 
Changes in ounces of gold and their respective values for the three months ended March 31, 2021 and 2020 are set out below:

Changes in ounces of gold and their respective values for the three months ended March 31, 2021 and 2020 are set out below:

 

   Three Months Ended
March 31, 2021		   Three Months Ended
March 31, 2020		 
(Amounts in 000’s of US$, except for ounces data)          
Ounces of gold          
Opening balance   1,405,430.5    787,688.3 
Creations   32,676.5    173,272.1 
Redemptions   (98,009.9)   (54,860.2)
Transfers of gold to pay expenses   (591.3)   (351.6)
Closing balance   1,339,505.8    905,748.6 
           
Investment in gold          
Opening balance  $2,652,891   $1,193,151 
Creations   60,968    278,031 
Redemptions   (170,304)   (82,715)
Realized gain on gold distributed for the redemption of Shares   20,641    9,417 
Transfers of gold to pay expenses   (1,096)   (548)
Realized gain on gold transferred to pay expenses   195    89 

 

 

   Three Months Ended
March 31, 2021		   Three Months Ended
March 31, 2020		 
Investment in gold          
Opening balance  $2,652,891   $1,193,151 
Creations   60,968    278,031 
Redemptions   (170,304)   (82,715)
Realized gain on gold distributed for the redemption of Shares   20,641    9,417 
Transfers of gold to pay expenses   (1,096)   (548)
Realized gain on gold transferred to pay expenses   195    89 
Change in unrealized (loss) / gain on investment in gold   (298,124)   59,879 
Closing balance  $2,265,171   $1,457,304