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Condensed Statements of Cash Flows (USD $)
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
INCREASE / (DECREASE) IN CASH FROM OPERATIONS:          
Cash proceeds received from transfer of Bullion $ 0 $ 0 $ 0 $ 0  
Cash expenses paid 0 0 0 0  
Increase in cash resulting from operations 0 0 0 0  
Cash and cash equivalents at beginning of period 0 0 0 0 0
Cash and cash equivalents at end of period 0 0 0 0 0
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:          
Value of Bullion received for creation of Shares 0 50,640,859 4,726,778 104,271,834 147,490,582
Value of Bullion distributed for redemption of Shares - at average cost 4,164,927 34,410,768 16,646,094 42,627,019  
RECONCILIATION OF NET (LOSS) / GAIN TO NET CASH PROVIDED BY OPERATING ACTIVITIES:          
Net (loss) / gain from operations (3,411,334) 4,691,816 (2,505,712) 4,861,386  
Adjustments to reconcile net (loss) / gain to net cash provided by operating activities:          
Decrease / (increase) in Bullion assets 7,807,802 (15,672,491) 15,835,474 (60,853,851)  
Decrease in Bullion receivable 0 4,813,115 0 4,378,396  
Increase / (decrease) in Bullion payable 4,302,195 0 (4,392,521) 0  
(Increase) / decrease in amounts payable to Sponsor (13,309) 1,422 (20,583) 36,568  
Increase / (decrease) in redeemable Shares:          
Creations 0 45,827,741 4,726,778 99,893,433  
Redemptions (8,685,354) (39,661,603) (13,643,436) (48,315,932)  
Net cash provided by operating activities 0 0 0 0  
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:          
Value of Bullion transferred to pay expenses $ 292,184 $ 357,721 $ 596,245 $ 602,923