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Statements of Operations - USD ($)
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
EXPENSES    
Sponsor’s Fee $ 561,705 $ 430,339
Total expenses 562,000 431,000
Net investment loss (562,000) (431,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)    
Realized gain / (loss) on Bullion transferred to pay expenses 30,000 (10,000)
Realized gain on Bullion distributed for the redemption of Shares 484,000 51,000
Change in unrealized (loss) / gain on investment in Bullion (2,495,000) 24,221,000
Total (loss) / gain on investment in Bullion (1,981,000) 24,262,000
Change in net assets from operations $ (2,543,000) $ 23,831,000
Net (decrease) / increase in net assets per Share $ (0.44) $ 5.10
Weighted average number of Shares (in Shares) 5,796,667 4,674,444