XML 30 R17.htm IDEA: XBRL DOCUMENT v3.22.0.1

Significant Accounting Policies (Tables)

12 Months Ended

Dec. 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$)		December 31, 2021				December 31, 2020
Level 1
Investment in gold		$	2,391,578			$	2,652,891

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

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

		Year Ended December 31, 2021				Year Ended December 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			69,166.7				739,919.1
Redemptions			(147,946.2	)			(120,236.3	)
Transfers of gold to pay expenses			(2,300.8	)			(1,940.6	)
Closing balance			1,324,350.2				1,405,430.5
Investment in gold
Opening balance		$	2,652,891			$	1,193,151
Creations			128,307				1,298,953
Redemptions			(258,605	)			(203,169	)
Realized gain on gold distributed for the redemption of Shares			32,491				30,873
Transfers of gold to pay expenses			(4,155	)			(3,433	)
Realized gain on gold transferred to pay expenses			635				643
Change in unrealized (loss) / gain on investment in gold			(159,986	)			335,873
Closing balance		$	2,391,578			$	2,652,891

X

- Definition

Tabular disclosure of movement in the investment in bullion in the Trust.

+ References

No definition available.

+ Details

Name:	sgol_InvestmentsInBullionTableTextBlock
Namespace Prefix:	sgol_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration