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Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
INCREASE 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 11,951 0 35,076 4,727 24,100
Value of Bullion distributed for redemption of Shares - at average cost 4,238 4,165 4,238 16,646  
RECONCILIATION OF NET LOSS TO NET CASH PROVIDED BY OPERATING ACTIVITIES:          
Net loss from operations (51,054) (3,411) (51,959) (2,506)  
Adjustments to reconcile net loss to net cash provided by operating activities:          
Decrease in investment in Bullion 42,898 7,808 20,672 15,835  
Increase / (decrease) in Bullion payable 0 4,302 0 (4,393)  
Decrease in amounts payable to Sponsor (28) (14) (22) (20)  
Increase / (decrease) in redeemable Shares:          
Creations 11,951 0 35,076 4,727  
Redemptions (3,767) (8,685) (3,767) (13,643)  
Net cash provided by operating activities 0 0 0 0  
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:          
Value of Bullion transferred to pay expenses $ 310 $ 292 $ 619 $ 596