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Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
EXPENSES        
Sponsor’s Fee $ 615,425 $ 499,629 $ 1,702,418 $ 1,619,440
Total expenses 615,000 500,000 1,702,000 1,619,000
Net investment loss (615,000) (500,000) (1,702,000) (1,619,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain/ (loss) on Bullion transferred to pay expenses 60,000 (11,000) 99,000 40,000
Realized gain/ (loss) on Bullion distributed for the redemption of Shares 579,000 (896,000) 1,807,000 377,000
Change in unrealized gain/ (loss) on investment in Bullion 29,649,000 (15,760,000) 56,431,000 (34,906,000)
Total gain/ (loss) on investment in Bullion 30,288,000 (16,667,000) 58,337,000 (34,489,000)
Change in net assets from operations $ 29,673,000 $ (17,167,000) $ 56,635,000 $ (36,108,000)
Net increase / (decrease) in net assets per Share $ 5.16 $ (3.11) $ 9.99 $ (6.31)
Weighted average number of Shares (in Shares) 5,751,630 5,516,848 5,669,963 5,721,612