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Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
The categorization of the Trust’s assets is as shown below:

The categorization of the Trust’s assets is as shown below:

 

(Amounts in 000’s of US$)  March 31, 2021   December 31, 2020 
         
Level 1          
Investment in Bullion  $866,673   $827,598 
Changes in ounces of Bullion and their respective values for the three months ended March 31, 2021 and 2020 are set out below:

 

Changes in ounces of Bullion and their respective values for the three months ended March 31, 2021 and 2020 are set out below:

 

 

                             
   Three Months Ended March 31, 2021     
(Amounts in 000’s of US$, except for ounces data)        
         
Ounces of Bullion  Gold   Palladium   Platinum   Silver   Total 
Opening balance   238,534.2    47,706.9    31,804.5    8,746,254.5    9,064,300.1 
Creations   39,483.2    7,896.6    5,264.4    1,447,716.8    1,500,361.0 
Redemptions   (11,282.4)   (2,256.5)   (1,504.3)   (413,687.2)   (428,730.4)
Transfers of Bullion to pay expenses   (365.6)   (73.1)   (48.7)   (13,405.4)   (13,892.8)
Closing balance   266,369.4    53,273.9    35,515.9    9,766,878.7    10,122,037.9 
                          
Investment in Bullion                         
Opening balance  $450,257   $111,729   $33,967   $231,645   $827,598 
Creations   72,200    18,918    5,926    37,964    135,008 
Redemptions   (20,700)   (5,348)   (1,641)   (10,464)   (38,153)
Realized gain on Bullion distributed for the redemption of Shares   4,055    2,139    131    2,370    8,695 
Transfers of Bullion to pay expenses   (677)   (167)   (53)   (362)   (1,259)
Realized gain on Bullion transferred to pay expenses   139    64    5    100    308 
Change in unrealized gain / (loss) on investment in Bullion   (54,830)   12,509    3,645    (26,848)   (65,524)
Closing balance  $450,444   $139,844   $41,980   $234,405   $866,673 

  

                                     
   Three Months Ended March 31, 2020 
(Amounts in 000’s of US$, except for ounces data)                 
                  
Ounces of Bullion  Gold   Palladium   Platinum   Silver   Total 
Opening balance   183,176.5    36,635.0    24,423.3    6,716,468.5    6,960,703.3 
Creations   21,272.9    4,254.6    2,836.4    780,005.0    808,368.9 
Redemptions   (8,506.4)   (1,701.3)   (1,134.2)   (311,901.7)   (323,243.6)
Transfers of Bullion to pay expenses   (277.5)   (55.5)   (37.0)   (10,175.6)   (10,545.6)
Closing balance   195,665.5    39,132.8    26,088.5    7,174,396.2    7,435,283.0 
                          
Investment in Bullion                         
Opening balance  $277,466   $69,790   $23,251   $121,199   $491,706 
Creations   34,157    10,443    2,637    13,848    61,085 
Redemptions   (12,944)   (2,862)   (786)   (4,157)   (20,749)
Realized gain / (loss) on Bullion distributed for the redemption of Shares   1,871    1,058    (366)   (1,212)   1,351 
Transfers of Bullion to pay expenses   (434)   (135)   (32)   (172)   (773)
Realized gain / (loss) on Bullion transferred to pay expenses   78    81    (6)   (3)   150 
Change in unrealized gain / (loss) on investment in Bullion   14,622    11,905    (5,732)   (29,564)   (8,769)
Closing balance  $314,816   $90,280   $18,966   $99,939   $524,001