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Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
EXPENSES    
Sponsor’s Fee $ 241,202 $ 282,229
Total expenses 241,000 282,000
Net investment loss (241,000) (282,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)    
Realized loss on Bullion transferred to pay expenses (28,000) (3,000)
Realized (loss) / gain on Bullion distributed for the redemption of Shares (2,721,000) 1,595,000
Change in unrealized gain on investment in Bullion 23,340,000 1,933,000
Total gain on investment in Bullion 20,591,000 3,525,000
Change in net assets from operations $ 20,350,000 $ 3,243,000
Net increase in net assets per Share (in Dollars per share) $ 7.14 $ 1.08
Weighted average number of Shares (in Shares) 2,848,901 3,007,222