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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: (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
USD ($)
oz
Sep. 30, 2020
USD ($)
oz
Sep. 30, 2021
USD ($)
oz
Sep. 30, 2020
USD ($)
oz
Accounting Policies [Abstract]        
Opening balance | oz 1,338,927.3 1,237,289.9 1,405,430.5 787,688.3
Creations | oz 5,760.2 202,946.1 60,529.4 708,192.0
Redemptions | oz (20,162.7) (12,500.9) (140,268.8) (67,361.1)
Transfers of gold to pay expenses | oz (572.2) (549.7) (1,738.5) (1,333.8)
Closing balance | oz 1,323,952.6 1,427,185.4 1,323,952.6 1,427,185.4
Opening balance $ 2,360,730 $ 2,187,652 $ 2,652,891 $ 1,193,151
Creations 10,337 381,339 112,761 1,239,328
Redemptions (35,707) (23,274) (244,752) (105,988)
Settlement of gold receivable 13,607    
Realized gain on gold distributed for the redemption of Shares 3,685 4,384 30,429 13,801
Transfers of gold to pay expenses (1,035) (1,023) (3,149) (2,292)
Realized gain on gold transferred to pay expenses 157 208 494 417
Change in unrealized (loss) / gain on investment in gold (30,782) 130,063 (241,289) 354,539
Closing balance $ 2,307,385 $ 2,692,956 $ 2,307,385 $ 2,692,956