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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Statement of Stockholders' Equity [Abstract]        
Opening balance (in shares) 6,750,000 5,600,000 6,550,000 5,700,000
Opening balance $ 556,261 $ 379,615 $ 499,078 $ 359,264
Net investment loss (1,035) (615) (2,634) (1,702)
Realized gain on investment in Bullion 243 639 5,202 1,906
Change in unrealized gain on investment in Bullion $ 77,619 $ 29,649 $ 110,356 $ 56,431
Creations (in shares) 1,200,000 500,000 1,950,000 800,000
Creations $ 117,611 $ 36,905 $ 179,000 $ 56,164
Redemptions (in shares) (50,000) (550,000) (450,000)
Redemptions $ (3,699) $ (40,303) $ (29,569)
Closing balance (in shares) 7,950,000 6,050,000 7,950,000 6,050,000
Closing balance $ 750,699 $ 442,494 $ 750,699 $ 442,494