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Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
EXPENSES      
Sponsor’s Fee $ 1,942,976 $ 1,283,558 $ 937,624
Total expenses 1,943,000 1,284,000 937,000
Net investment loss (1,943,000) (1,284,000) (937,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)      
Realized gain / (loss) on Bullion transferred to pay expenses 17,000 6,000 (55,000)
Realized gain / (loss) on Bullion distributed for the redemption of Shares 51,000 (2,722,000) 391,000
Change in unrealized gain / (loss) on investment in Bullion 33,120,000 9,000,000 (18,186,000)
Total gain / (loss) on Bullion 33,188,000 6,284,000 (17,850,000)
Change in net assets from operations $ 31,245,000 $ 5,000,000 $ (18,787,000)
Net increase / (decrease) in net assets per Share $ 6.09 $ 1.45 $ (7.10)
Weighted average number of Shares (in Shares) 5,131,918 3,443,989 2,645,205