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Condensed Statements of Operations - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
EXPENSES        
Sponsor’s Fee $ 220,368 $ 277,000 $ 502,597 $ 588,080
Total expenses 220,000 277,000 503,000 588,000
Net investment loss (220,000) (277,000) (503,000) (588,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized (loss) / gain on Bullion transferred to pay expenses (8,000) 16,000 (11,000) 26,000
Realized (loss) / gain on Bullion distributed for the redemption of Shares (352,000) 319,000 1,243,000 3,764,000
Change in unrealized (loss) / gain on investment in Bullion (4,298,000) 5,575,000 (2,365,000) 14,301,000
Total gain on Bullion (4,658,000) 5,910,000 (1,133,000) 18,091,000
Change in net assets from operations $ (4,878,000) $ 5,633,000 $ (1,636,000) $ 17,503,000
Net (decrease) / increase in net assets per Share (in Dollars per share) $ (2.02) $ 2.17 $ (0.60) $ 6.23
Weighted average number of Shares (in Shares) 2,414,835 2,599,451 2,709,392 2,808,564