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Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 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$) 

September 30, 2024

  

December 31, 2023

 
Level 1          
Investment in gold  $3,732,989   $2,826,667 
Changes in ounces of gold and their respective values for the three and nine months ended September 30, 2024 and 2023 are set out below:

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

 

   Three Months
Ended
September 30, 2024		   Three Months
Ended
September 30, 2023		 
(Amounts in 000’s of US$, except for ounces data)          
Ounces of gold          
Opening balance   1,348,352.3    1,421,487.7 
Creations   78,330.1    — 
Redemptions   (6,686.7)   (38,278.6)
Transfers of gold to pay expenses   (581.1)   (604.6)
Closing balance   1,419,414.6    1,382,604.5 
           
Investment in gold          
Opening balance  $3,142,874   $2,718,240 
Creations   195,211    — 
Redemptions   (16,351)   (73,689)
Realized gain on gold distributed for the redemption of Shares   5,234    11,594 
Transfers of gold to pay expenses   (1,399)   (1,171)
Realized gain on gold transferred to pay expenses   432    190 
Change in unrealized gain / (loss) on investment in gold   406,988    (69,008)
Change in unrealized gain / (loss) on unsettled creations or redemptions   —    6 
Closing balance  $3,732,989   $2,586,162 

 

   Nine Months
Ended
September 30, 2024		   Nine Months
Ended
September 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   124,211.0    155,120.2 
Redemptions   (63,094.9)   (109,149.1)
Transfers of gold to pay expenses   (1,722.2)   (1,749.7)
Closing balance   1,419,414.6    1,382,604.5 
           
Investment in gold          
Opening balance  $2,826,667   $2,427,492 
Creations   297,916    303,623 
Redemptions   (133,816)   (208,121)
Realized gain on gold distributed for the redemption of Shares   30,948    33,199 
Transfers of gold to pay expenses   (3,870)   (3,359)
Realized gain on gold transferred to pay expenses   1,042    547 
Change in unrealized gain on investment in gold   714,102    32,775 
Change in unrealized gain on unsettled creations or redemptions   —    6 
Closing balance  $3,732,989   $2,586,162