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Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
EXPENSES        
Sponsor’s Fee $ 273,879 $ 220,368 $ 515,081 $ 502,597
Total expenses 274,000 220,000 515,000 503,000
Net investment loss (274,000) (220,000) (515,000) (503,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain / (loss) on Bullion transferred to pay expenses 1,000 (8,000) (28,000) (11,000)
Realized (loss) / gain on Bullion distributed for the redemption of Shares 0 (352,000) (2,721,000) 1,243,000
Change in unrealized gain / (loss) on investment in Bullion 17,105,000 (4,298,000) 40,444,000 (2,365,000)
Total gain / (loss) on investment in Bullion 17,106,000 (4,658,000) 37,695,000 (1,133,000)
Change in net assets from operations $ 16,832,000 $ (4,878,000) $ 37,180,000 $ (1,636,000)
Net increase / (decrease) in net assets per Share (in Dollars per share) $ 5.75 $ (2.02) $ 12.87 $ (0.60)
Weighted average number of Shares (in Shares) 2,926,923 2,414,835 2,887,912 2,709,392