XML 17 R6.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Statement of Changes in Net Assets - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Condensed Statement of Changes in Net Assets [Abstract]        
Opening balance (in Shares)   3,850,000 3,950,000 [1] 3,950,000 [1]
Creations (in Shares)   200,000   1,850,000 [1]
Redemptions (in Shares)   (1,600,000)   (1,950,000) [1]
Closing balance (in Shares) 2,450,000 2,450,000   3,850,000
Opening balance   $ 237,152 [2] $ 259,804 [1] $ 259,804 [1]
Effect of adoption of new accounting principle (see Note 2.1) [1]       554
Net investment loss $ (220) (503) (588) (1,089) [1]
Realized gain on investment in Bullion   1,232   2,832 [1]
Change in unrealized loss on investment Bullion (4,298) (2,365) $ 14,301 (8,799) [1]
Creations   12,370   114,973 [1]
Redemptions   (103,134)   (131,123) [1]
Closing balance $ 144,752 $ 144,752   $ 237,152 [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] Authorized share capital is unlimited with no par value per Share. Shares issued and outstanding at June 30, 2015 were 2,450,000 and at December 31, 2014 were 3,850,000. Net asset values per Share at June 30, 2015 and December 31, 2014 were $59.08 and $61.60, respectively.