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Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 2023
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, 2023   December 31, 2022 
Level 1          
Investment in gold  $2,586,162   $2,427,492 
Changes in ounces of gold and their respective values for the three and nine months ended September 30, 2023 and 2022 are set out below:

Changes in ounces of gold and their respective values for the three and nine months ended September 30, 2023 and 2022 are set out below:

 

   Three Months Ended
September 30, 2023		   Three Months Ended
September 30, 2022		 
(Amounts in 000’s of US$, except for ounces data)          
Ounces of gold          
Opening balance   1,421,487.7    1,428,702.0 
Creations   —    — 
Redemptions   (38,278.6)   (80,517.0)
Transfers of gold to pay expenses   (604.6)   (603.3)
Closing balance   1,382,604.5    1,347,581.7 

 

 

   Three Months Ended
September 30, 2023		   Three Months Ended
September 30, 2022		 
Investment in gold        
Opening balance  $2,718,240   $2,595,951 
Creations   —    — 
Redemptions   (73,689)   (138,659)
Realized gain on gold distributed for the redemption of Shares   11,594    11,881 
Transfers of gold to pay expenses   (1,171)   (1,073)
Realized gain on gold transferred to pay expenses   190    124 
Change in unrealized (loss) on investment in gold   (69,008)   (215,404)
Change in unrealized gain on unsettled creations or redemptions   6    — 
Closing balance  $2,586,162   $2,252,820 

 

 

   Nine Months
Ended
September 30, 2023		   Nine Months
Ended
September 30, 2022		 
(Amounts in 000’s of US$, except for ounces data)          
Ounces of gold          
Opening balance   1,338,383.1    1,324,350.2 
Creations   155,120.2    155,395.3 
Redemptions   (109,149.1)   (130,383.5)
Transfers of gold to pay expenses   (1,749.7)   (1,780.3)
Closing balance   1,382,604.5    1,347,581.7 
           
Investment in gold          
Opening balance  $2,427,492   $2,391,578 
Creations   303,623    295,784 
Redemptions   (208,121)   (231,457)
Realized gain on gold distributed for the redemption of Shares   33,199    26,399 
Transfers of gold to pay expenses   (3,359)   (3,275)
Realized gain on gold transferred to pay expenses   547    493 
Change in unrealized gain / (loss) on investment in gold   32,775    (226,702)
Change in unrealized gain on unsettled creations or redemptions   6    — 
Closing balance  $2,586,162   $2,252,820