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Statements of Changes in Net Assets - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Statements of Changes in Net Assets [Abstract]      
Opening balance (in Shares) 5,700,000 5,600,000 4,500,000
Creations (in Shares) 1,300,000 1,100,000 1,150,000
Redemptions (in Shares) (450,000) (1,000,000) (50,000)
Closing balance (in Shares) 6,550,000 5,700,000 5,600,000
Opening balance $ 359,264 $ 361,932 $ 261,512
Net investment loss (2,404) (2,133) (1,943)
Realized gain on investment in Bullion 2,003 128 68
Change in unrealized gain / (loss) on investment in Bullion 76,595 (7,670) 33,120
Change in unrealized loss on unsettled creations or redemptions     (58)
Creations 93,189 69,065 72,378
Redemptions (29,569) (62,058) (3,145)
Closing balance $ 499,078 $ 359,264 $ 361,932