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Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 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$)  June 30, 2024   December 31, 2023 
Level 1          
Investment in gold  $3,142,874   $2,826,667 
Changes in ounces of gold and their respective values for the three and six months ended June 30, 2024 and 2023 are set out below:

Changes in ounces of gold and their respective values for the three and six months ended June 30, 2024 and 2023 are set out below:

 

  

Three Months
Ended
June 30, 2024

  

Three Months
Ended
June 30, 2023

 
(Amounts in 000’s of US$, except for ounces data)          
Ounces of gold          
Opening balance   1,323,116.5    1,347,398.2 
Creations   34,408.7    84,250.1 
Redemptions   (8,601.3)   (9,571.3)
Transfers of gold to pay expenses   (571.6)   (589.3)
Closing balance   1,348,352.3    1,421,487.7 
           
Investment in gold          
Opening balance  $2,929,843   $2,667,444 
Creations   78,746    167,899 
Redemptions   (19,987)   (18,507)
Change in unrealized gain / (loss) on unsettled creations   (104)   — 
Realized gain on gold distributed for the redemption of Shares   5,885    2,983 
Transfers of gold to pay expenses   (1,305)   (1,159)
Realized gain on gold transferred to pay expenses   369    209 
Change in unrealized gain / (loss) on investment in gold   149,427    (100,629)
Closing balance  $3,142,874   $2,718,240 

 

   Six Months
Ended
June 30, 2024		   Six Months
Ended
June 30, 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   45,880.9    155,120.2 
Redemptions   (56,408.2)   (70,870.5)
Transfers of gold to pay expenses   (1,141.1)   (1,145.1)
Closing balance   1,348,352.3    1,421,487.7 
           
Investment in gold          
Opening balance  $2,826,667   $2,427,492 
Creations   102,705    303,624 
Redemptions   (117,465)   (134,432)
Realized gain on gold distributed for the redemption of Shares   25,714    21,605 
Transfers of gold to pay expenses   (2,471)   (2,189)
Realized gain on gold transferred to pay expenses   610    357 
Change in unrealized gain on investment in gold   307,114    101,783 
Closing balance  $3,142,874   $2,718,240