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Condensed Statements of Operations - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
EXPENSES        
Sponsor’s Fee $ 211,594 $ 262,117 $ 714,191 $ 850,197
Total expenses 212,000 262,000 714,000 850,000
Net investment loss (212,000) (262,000) (714,000) (850,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized (loss) / gain on Bullion transferred to pay expenses (22,000) 17,000 (33,000) 43,000
Realized (loss) / gain on Bullion distributed for the redemption of Shares (852,000) 186,000 392,000 3,950,000
Change in unrealized loss on investment in Bullion (7,421,000) (20,681,000) (9,787,000) (6,380,000)
Total loss on Bullion (8,295,000) (20,478,000) (9,428,000) (2,387,000)
Change in net assets from operations $ (8,507,000) $ (20,740,000) $ (10,142,000) $ (3,237,000)
Net decrease in net assets per Share (in Dollars per share) $ (3.44) $ (8.14) $ (3.86) $ (1.19)
Weighted average number of Shares (in Shares) 2,474,457 2,546,739 2,630,220 2,720,330