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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
EXPENSES      
Sponsor’s Fee $ 2,132,987 $ 1,942,976 $ 1,283,558
Total expenses 2,133,000 1,943,000 1,284,000
Net investment loss (2,133,000) (1,943,000) (1,284,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)      
Realized (loss) / gain on Bullion transferred to pay expenses 13,000 17,000 6,000
Realized (loss) / gain on Bullion distributed for the redemption of Shares 115,000 51,000 (2,722,000)
Change in unrealized gain and loss on investment in Bullion (7,670,000) 33,120,000 9,000,000
Total (loss) / gain on investment in Bullion (7,542,000) 33,188,000 6,284,000
Change in net assets from operations $ (9,675,000) $ 31,245,000 $ 5,000,000
Net increase / (decrease) in net assets per Share $ (1.70) $ 6.09 $ 1.45
Weighted average number of Shares (in Shares) 5,700,685 5,131,918 3,443,989