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Changes in ounces of gold and their respective values for the three months ended March 31, 2024 and 2023 are set out below: (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2024
USD ($)
oz
Mar. 31, 2023
USD ($)
oz
Accounting Policies [Abstract]    
Opening balance | oz 1,360,020.7 1,338,383.1
Creations | oz 11,472.2 70,870.1
Redemptions | oz (47,806.9) (61,299.2)
Transfers of gold to pay expenses | oz (569.5) (555.8)
Closing balance | oz 1,323,116.5 1,347,398.2
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
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