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Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2024
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$)  March 31, 2024   December 31, 2023 
Level 1          
Investment in gold  $2,929,843   $2,826,667 
Changes in ounces of gold and their respective values for the three months ended March 31, 2024 and 2023 are set out below:

Changes in ounces of gold and their respective values for the three months ended March 31, 2024 and 2023 are set out below:

 

   Three Months
Ended
March 31, 2024		   Three Months
Ended
March 31, 2023		 
(Amounts in 000’s of US$, except for ounces data)          
Ounces of gold          
Opening balance   1,360,020.7    1,338,383.1 
Creations   11,472.2    70,870.1 
Redemptions   (47,806.9)   (61,299.2)
Transfers of gold to pay expenses   (569.5)   (555.8)
Closing balance   1,323,116.5    1,347,398.2 
           
Investment in gold          
Opening balance  $2,826,667   $2,427,492 
Creations   23,959    135,724 
Redemptions   (97,478)   (115,925)
Realized gain on gold distributed for the redemption of Shares   19,829    18,623 

 

 

 

   Three Months
Ended
March 31, 2024		   Three Months
Ended
March 31, 2023		 
Transfers of gold to pay expenses   (1,166)   (1,029)
Realized gain on gold transferred to pay expenses   241    147 
Change in unrealized gain on investment in gold   157,687    202,412 
Change in unrealized gain on unsettled creations or redemptions   104    — 
Closing balance  $2,929,843   $2,667,444