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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: (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
USD ($)
oz
Sep. 30, 2022
USD ($)
oz
Sep. 30, 2023
USD ($)
oz
Sep. 30, 2022
USD ($)
oz
Accounting Policies [Abstract]        
Opening balance | oz 1,421,487.7 1,428,702.0 1,338,383.1 1,324,350.2
Creations | oz 155,120.2 155,395.3
Redemptions | oz (38,278.6) (80,517.0) (109,149.1) (130,383.5)
Transfers of gold to pay expenses | oz (604.6) (603.3) (1,749.7) (1,780.3)
Closing balance | oz 1,382,604.5 1,347,581.7 1,382,604.5 1,347,581.7
Opening balance $ 2,718,240 $ 2,595,951 $ 2,427,492 $ 2,391,578
Creations 303,623 295,784
Redemptions (73,689) (138,659) (208,121) (231,457)
Realized gain on gold distributed for the redemption of Shares 11,594 11,881 33,199 26,399
Transfers of gold to pay expenses (1,171) (1,073) (3,359) (3,275)
Realized gain on gold transferred to pay expenses 190 124 547 493
Change in unrealized gain / (loss) on investment in gold (69,008) (215,404) 32,775 (226,702)
Change in unrealized gain on unsettled creations or redemptions 6 6
Closing balance $ 2,586,162 $ 2,252,820 $ 2,586,162 $ 2,252,820