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Statement of Changes in Net Assets (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2014
Sep. 30, 2014
Dec. 31, 2013
Opening balance at December 31, 2013 (in Shares)   3,950,000 [1]  
Creations (in Shares)   250,000 [1] 2,050,000
Redemptions (in Shares)   (1,700,000) [1] (300,000)
Closing balance at September 30, 2014 (in Shares) 2,500,000 [1] 2,500,000 [1] 3,950,000 [1]
Opening balance at December 31, 2013   $ 259,804 [1],[2],[3]  
Net investment loss (262) [1] (850) [1]  
Realized gain on investment in Bullion   3,993 [1]  
Change in unrealized gain on investment Bullion (20,681) [1] (6,380) [1]  
Creations   17,776 [1] 149,235
Redemptions   (115,802) [1] (20,607)
Closing balance at September 30, 2014 159,095 [1],[2] 159,095 [1],[2] 259,804 [1],[2],[3]
Adjustments for Change to Fair Value [Member]
     
Closing balance at September 30, 2014     $ 554 [1]
[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] Net assets at December 31, 2013 represents total liabilities, redeemable Shares and Shareholders’ deficit. Authorized share capital is unlimited with no par value per Share. Shares issued and outstanding at September 30, 2014 were 2,500,000 and at December 31, 2013 were 3,950,000. Net asset value per Share at September 30, 2014 and December 31, 2013 was $63.64 and $65.91, respectively.
[3] Derived from audited Statement of Financial Condition as of December 31, 2013. The amounts are those previously reported under non investment company accounting. Refer to Note 2.1 for additional information.