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Statements of Operations - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
EXPENSES        
Sponsor’s Fee $ 471,739 $ 273,879 $ 902,078 $ 515,081
Total expenses 471,000 274,000 902,000 515,000
Net investment loss (471,000) (274,000) (902,000) (515,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain / (loss) on Bullion transferred to pay 5,000 1,000 (5,000) (28,000)
Realized gain / (loss) on Bullion distributed for the redemption of Shares 0 0 51,000 (2,721,000)
Change in unrealized (loss) / gain on investment in Bullion (8,153,000) 17,105,000 16,068,000 40,444,000
Total (loss) / gain on investment in Bullion (8,148,000) 17,106,000 16,114,000 37,695,000
Change in net assets from operations $ (8,619,000) $ 16,832,000 $ 15,212,000 $ 37,180,000
Net (decrease) / increase in net assets per Share $ (1.70) $ 5.75 $ 3.12 $ 12.87
Weighted average number of Shares (in Shares) 5,063,187 2,926,923 4,869,890 2,887,912