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Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
EXPENSES    
Sponsor’s Fee $ 795,664 $ 539,776
Total expenses 796,000 540,000
Net investment loss (796,000) (540,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)    
Realized gain on Bullion transferred to pay expenses 150,000 21,000
Realized gain on Bullion distributed for the redemption of Shares 1,351,000 954,000
Change in unrealized gain and loss on investment in Bullion (8,769,000) 4,644,000
Total (loss) / gain on investment in Bullion (7,268,000) 5,619,000
Change in net assets from operations $ (8,064,000) $ 5,079,000
Net increase / (decrease) in net assets per Share $ (1.20) $ 0.90
Weighted average number of Shares (in Shares) 6,742,857 5,648,889