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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
EXPENSES      
Sponsor’s Fee $ 2,403,544 $ 2,132,987 $ 1,942,976
Total expenses 2,404,000 2,133,000 1,943,000
Net investment loss (2,404,000) (2,133,000) (1,943,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)      
Realized (loss) / gain on Bullion transferred to pay expenses 196,000 13,000 17,000
Realized (loss) / gain on Bullion distributed for the redemption of Shares 1,807,000 115,000 51,000
Change in unrealized gain and loss on investment in Bullion 76,595,000 (7,670,000) 33,120,000
Total (loss) / gain on investment in Bullion 78,598,000 (7,542,000) 33,188,000
Change in net assets from operations $ 76,194,000 $ (9,675,000) $ 31,245,000
Net increase / (decrease) in net assets per Share $ 13.11 $ (1.70) $ 6.09
Weighted average number of Shares (in Shares) 5,811,918 5,700,685 5,131,918