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Changes in ounces of gold and their respective values for the three and six months ended June 30, 2022 and 2021 are set out below: (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
USD ($)
oz
Jun. 30, 2021
USD ($)
oz
Jun. 30, 2022
USD ($)
oz
Jun. 30, 2021
USD ($)
oz
Accounting Policies [Abstract]        
Opening balance | oz 1,432,189.0 1,339,505.8 1,324,350.2 1,405,430.5
Creations | oz 37,403.1 22,092.7 155,395.3 54,768.5
Redemptions | oz (40,274.1) (22,096.2) (49,866.6) (120,106.1)
Transfers of gold to pay expenses | oz (616.0) (575.0) (1,176.9) (1,165.6)
Closing balance | oz 1,428,702.0 1,338,927.3 1,428,702.0 1,338,927.3
Opening balance $ 2,781,526 $ 2,265,171 $ 2,391,578 $ 2,652,891
Creations 72,400 41,457 295,784 102,424
Redemptions (74,138) (38,741) (92,798) (209,045)
Realized gain on gold distributed for the redemption of Shares 10,754 6,102 14,518 26,744
Transfers of gold to pay expenses (1,178) (1,018) (2,202) (2,114)
Realized gain on gold transferred to pay expenses 210 141 369 336
Change in unrealized (loss) / gain on investment in gold (193,623) 87,618 (11,298) (210,506)
Closing balance $ 2,595,951 $ 2,360,730 $ 2,595,951 $ 2,360,730