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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: (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
USD ($)
oz
Sep. 30, 2023
USD ($)
oz
Sep. 30, 2024
USD ($)
oz
Sep. 30, 2023
USD ($)
oz
Accounting Policies [Abstract]        
Opening balance | oz 1,348,352.3 1,421,487.7 1,360,020.7 1,338,383.1
Creations | oz 78,330.1 124,211.0 155,120.2
Redemptions | oz (6,686.7) (38,278.6) (63,094.9) (109,149.1)
Transfers of gold to pay expenses | oz (581.1) (604.6) (1,722.2) (1,749.7)
Closing balance | oz 1,419,414.6 1,382,604.5 1,419,414.6 1,382,604.5
Opening balance $ 3,142,874 $ 2,718,240 $ 2,826,667 $ 2,427,492
Creations 195,211 297,916 303,623
Redemptions (16,351) (73,689) (133,816) (208,121)
Realized gain on gold distributed for the redemption of Shares 5,234 11,594 30,948 33,199
Transfers of gold to pay expenses (1,399) (1,171) (3,870) (3,359)
Realized gain on gold transferred to pay expenses 432 190 1,042 547
Change in unrealized gain on investment in gold 406,988 (69,008) 714,102 32,775
Change in unrealized gain on unsettled creations or redemptions 6 6
Closing balance $ 3,732,989 $ 2,586,162 $ 3,732,989 $ 2,586,162