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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
EXPENSES        
Sponsor’s Fee $ 1,034,546 $ 615,425 $ 2,633,917 $ 1,702,418
Total expenses 1,035,000 615,000 2,634,000 1,702,000
Net investment loss (1,035,000) (615,000) (2,634,000) (1,702,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain on Bullion transferred to pay expenses 243,000 60,000 522,000 99,000
Realized gain on Bullion distributed for the redemption of Shares 579,000 4,680,000 1,807,000
Change in unrealized gain and loss on investment in Bullion 77,619,000 29,649,000 110,356,000 56,431,000
Total gain on investment in Bullion 77,862,000 30,288,000 115,558,000 58,337,000
Change in net assets from operations $ 76,827,000 $ 29,673,000 $ 112,924,000 $ 56,635,000
Net increase / (decrease) in net assets per Share $ 10.50 $ 5.16 $ 16.29 $ 9.99
Weighted average number of Shares 7,319,022 5,751,630 6,933,942 5,669,963