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Statements of Operations (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUES        
Value of Bullion transferred to pay expenses $ 310,000 $ 292,000 $ 619,000 $ 596,000
Cost of Bullion transferred to pay expenses (319,000) (262,000) (601,000) (536,000)
(Loss) / gain on Bullion transferred to pay expenses (9,000) 30,000 18,000 60,000
(Loss) / gain on Bullion distributed for the redemption of Shares (471,000) 218,000 (471,000) 1,390,000
Unrealized loss on Bullion (50,292,000) (3,380,000) (50,909,000) (3,380,000)
Total loss on Bullion (50,772,000) (3,132,000) (51,362,000) (1,930,000)
EXPENSES        
Sponsor’s Fee 282,344 278,873 597,190 575,661
Total expenses 282,000 279,000 597,000 576,000
Net loss from operations $ (51,054,000) $ (3,411,000) $ (51,959,000) $ (2,506,000)
Net loss per Share (in Dollars per share) $ (20.16) $ (1.64) $ (21.41) $ (1.21)
Weighted average number of Shares (in Shares) 2,532,967 2,076,374 2,426,796 2,074,451