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Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
EXPENSES    
Sponsor’s Fee $ 430,339 $ 241,202
Total expenses 431,000 241,000
Net investment loss (431,000) (241,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)    
Realized loss on Bullion transferred to pay expenses (10,000) (28,000)
Realized gain / (loss) on Bullion distributed for the redemption of Shares 51,000 (2,721,000)
Change in unrealized gain on investment in Bullion 24,221,000 23,340,000
Total gain on investment in Bullion 24,262,000 20,591,000
Change in net assets from operations $ 23,831,000 $ 20,350,000
Net increase in net assets per Share $ 5.10 $ 7.14
Weighted average number of Shares (in Shares) 4,674,444 2,848,901