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Statements of Operations (USD $)
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
EXPENSES        
Sponsor’s Fee $ 262,117 $ 294,884 $ 850,197 $ 892,074
Total expenses 262,000 [1] 295,000 [2] 850,000 [1] 892,000 [2]
Net investment loss (262,000) [1] (295,000) [2] (850,000) [1] (892,000) [2]
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain / (loss) on Bullion transferred to pay expenses 17,000 [1] (49,000) [2] 43,000 [1] (32,000) [2]
Realized gain / (loss) on Bullion distributed for the redemption of Shares 186,000 [1]   3,950,000 [1] (471,000) [2]
Change in unrealized (loss) / gain on investment in Bullion (20,681,000) [1] 18,807,000 [2] (6,380,000) [1] (32,102,000) [2]
Total gain / (loss) on Bullion (20,478,000) [1] 18,758,000 [2] (2,387,000) [1] (32,605,000) [2]
Change in net assets from operations $ (20,740,000) [1] $ 18,463,000 [2],[3] $ (3,237,000) [1] $ (33,497,000) [2],[3]
Net (decrease) / increase in net assets per Share (in Dollars per share) $ (8.14) [1] $ 7.03 [2] $ (1.19) [1] $ (13.43) [2]
Weighted average number of Shares (in Shares) 2,546,739 [1] 2,626,630 [2] 2,720,330 [1] 2,494,139 [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.
[3] In accordance with Topic 946, Investment Companies, the Trust meets the exemption criteria to exclude a statement of cash flows. Thus one has not been presented for the three and nine months ended September 30, 2014. Refer to Note 2.1 for additional information.