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Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
EXPENSES    
Sponsor’s Fee $ 1,285,328 $ 795,664
Total expenses 1,285,000 796,000
Net investment loss (1,285,000) (796,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)    
Realized gain on Bullion transferred to pay expenses 308,000 150,000
Realized gain on Bullion distributed for the redemption of Shares 8,695,000 1,351,000
Change in unrealized (loss) on investment in Bullion (65,524,000) (8,769,000)
Change in unrealized (loss) on unsettled creations (28,000)
Total gain/(loss) on investment in Bullion (56,549,000) (7,268,000)
Change in net assets from operations $ (57,834,000) $ (8,064,000)
Net increase / (decrease) in net assets per Share $ (6.34) $ (1.20)
Weighted average number of Shares 9,125,000 6,742,857