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Statements of Changes in Net Assets - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Statement of Stockholders' Equity [Abstract]      
Opening balance (in shares) 146,200,000 82,000,000 [1] 68,500,000 [1]
Opening balance $ 2,652,512 $ 1,195,897 $ 846,716
Net investment loss (4,122) (3,641) (1,680)
Realized gain on investment in gold 33,126 31,516 8,695
Change in unrealized (loss)/gain on investment in gold $ (159,986) $ 335,873 $ 146,664
Creations (in shares) 7,200,000 76,700,000 21,300,000 [1]
Creations $ 128,307 $ 1,296,036 $ 297,717
Redemptions (in shares) (15,400,000) (12,500,000) (7,800,000) [1]
Redemptions $ (258,605) $ (203,169) $ (102,215)
Closing balance (in shares) 138,000,000 146,200,000 82,000,000 [1]
Closing balance $ 2,391,232 $ 2,652,512 $ 1,195,897
[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.