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Statements of Operations (USD $)
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
EXPENSES    
Sponsor’s Fee $ 311,080 $ 314,846
Total expenses 311,000 [1] 315,000 [2]
Net investment loss (311,000) [1] (315,000) [2]
REALIZED AND UNREALIZED GAINS / (LOSSES)    
Realized gain on Bullion transferred to pay expenses 10,000 [1] 27,000 [2]
Realized gain on Bullion distributed for the redemption of Shares 3,446,000 [1] 0 [2]
Change in unrealized gain / (loss) on investment in Bullion 8,727,000 [1] (617,000) [2]
Total gain / (loss) on Bullion 12,183,000 [1] (590,000) [2]
Change in net assets from operations $ 11,872,000 [1] $ (905,000) [2]
Net increase / (decrease) in net assets per Share (in Dollars per share) $ 3.93 [1] $ (0.39) [2]
Weighted average number of Shares (in Shares) 3,020,000 [1] 2,319,444 [2]
[1] Effective January 1, 2014, the Trust has adopted the provisions of Topic 946, Investment Companies, and follows specialized accounting. Refer to Note 2.1 for additional information.
[2] Amounts are those previously reported under non investment company accounting. Refer to Note 2.1 for additional information.