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Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 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$)

 

September 30, 2021

 

 

December 31, 2020

 

 

 

 

 

 

 

 

 

 

Level 1

 

 

 

 

 

 

 

 

Investment in gold

 

$

2,307,385

 

 

$

2,652,891

 
Changes in ounces of gold and their respective values for the three and nine months ended September 30, 2021 and 2020 are set out below:

Changes in ounces of gold and their respective values for the three and nine months ended September 30, 2021 and 2020 are set out below:

 

 

   Three Months
Ended
September 30, 2021		   Three Months
Ended
September 30, 2020		 
(Amounts in 000’s of US$, except for ounces data)          
Ounces of gold          
Opening balance   1,338,927.3    1,237,289.9 
Creations   5,760.2    202,946.1 
Redemptions   (20,162.7)   (12,500.9)
Transfers of gold to pay expenses   (572.2)   (549.7)
Closing balance   1,323,952.6    1,427,185.4 
           
Investment in gold          
Opening balance  $2,360,730   $2,187,652 
Creations   10,337    381,339 
Redemptions   (35,707)   (23,274)
Settlement of gold receivable   —    13,607 
Realized gain on gold distributed for the redemption of Shares   3,685    4,384 
Transfers of gold to pay expenses   (1,035)   (1,023)
Realized gain on gold transferred to pay expenses   157    208 
Change in unrealized (loss) / gain on investment in gold   (30,782)   130,063 
Closing balance  $2,307,385   $2,692,956 

 

 

   Nine Months
Ended
September 30, 2021		   Nine Months
Ended
September 30, 2020		 
(Amounts in 000’s of US$, except for ounces data)          
Ounces of gold          
Opening balance   1,405,430.5    787,688.3 
Creations   60,529.4    708,192.0 
Redemptions   (140,268.8)   (67,361.1)
Transfers of gold to pay expenses   (1,738.5)   (1,333.8)
Closing balance   1,323,952.6    1,427,185.4 
           
Investment in gold          
Opening balance  $2,652,891   $1,193,151 
Creations   112,761    1,239,328 
Redemptions   (244,752)   (105,988)
Realized gain on gold distributed for the redemption of Shares   30,429    13,801 
Transfers of gold to pay expenses   (3,149)   (2,292)
Realized gain on gold transferred to pay expenses   494    417 
Change in unrealized (loss) / gain on investment in gold   (241,289)   354,539 
Closing balance  $2,307,385   $2,692,956