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Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2021
Accounting Policies [Abstract]  
The categorization of the Trust’s assets

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

  

(Amounts in 000’s of US$)  June 30, 2021  December 31, 2020
Level 1          
Investment in Bullion  $1,016,250   $827,598 
Changes in ounces of Bullion and their respective values

Changes in ounces of Bullion and their respective values for the three and six months ended June 30, 2021 and 2020 are set out below:

 

                               
    Three Months Ended June 30, 2021
(Amounts in 000’s of US$, except for ounces data)            
Ounces of Bullion   Gold     Palladium   Platinum     Silver     Total
Opening balance                     266,369.4             53,273.9               35,515.9                 9,766,878.7               10,122,037.9
Creations                       33,781.3               6,756.2                 4,504.2                 1,238,644.3                 1,283,686.0
Redemptions                                  —                           -                            -                                   -                                    -   
Transfers of Bullion to pay expenses                          (413.2)                   (82.6)                    (55.1)                    (15,148.7)                     (15,699.6)
Closing balance                     299,737.5             59,947.5               39,965.0               10,990,374.3               11,390,024.3
                               
Investment in Bullion                              
Opening balance   $                    450,444   $          139,844   $              41,980   $                   234,405    $                    866,673
Creations                          61,180                18,705                    5,297                         33,003                       118,185
Redemptions                                  -                           -                            -                                   -                                    -   
Realized gain on Bullion distributed for the redemption of Shares                                  -                           -                            -                                   -                                    -   
Transfers of Bullion to pay expenses                             (735)                    (226)                       (67)                            (393)                          (1,421)
Realized gain on Bullion transferred to pay expenses                               113                     100                         11                                85                              309
Change in unrealized gain / (loss) on investment in Bullion                          17,480                  3,855                  (4,898)                         16,067                         32,504
Closing balance    $                     528,482    $           162,278    $               42,323    $                    283,167    $                 1,016,250
                               
                               

 

                               
    Three Months Ended June 30, 2020
(Amounts in 000’s of US$, except for ounces data)            
Ounces of Bullion   Gold     Palladium   Platinum     Silver     Total
Opening balance                     195,665.4             39,133.1               26,088.7                 7,174,396.5                 7,435,283.7
Creations                         2,832.2                  566.4                    377.6                    103,848.8                    107,625.0
Redemptions                       (7,084.2)              (1,416.8)                  (944.6)                  (259,753.0)                   (269,198.6)
Transfers of Bullion to pay expenses                          (292.3)                   (58.5)                    (38.9)                    (10,718.4)                     (11,108.1)
Closing balance                     191,121.1             38,224.2               25,482.8                 7,007,773.9                 7,262,602.0
                               
Investment in Bullion                              
Opening balance   $                    314,816    $             90,280    $               18,966    $                      99,939    $                    524,001
Creations                            4,844                  1,079                       302                           1,700                           7,925
Redemptions                        (11,861)                 (3,085)                     (712)                         (3,896)                        (19,554)
Realized gain / (loss) on Bullion distributed for the redemption of Shares                            2,602                  1,551                     (247)                            (577)                           3,329
Transfers of Bullion to pay expenses                             (486)                    (125)                       (29)                            (161)                             (801)
Realized gain / (loss) on Bullion transferred to pay expenses                               103                       58                         (9)                              (23)                              129
Change in unrealized gain / (loss) on investment in Bullion                          27,903               (16,941)                    2,472                         28,072                         41,506
Closing balance   $                    337,921   $            72,817   $              20,743   $                   125,054   $                   556,535

 

 

                               
    Six Months Ended June 30, 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                       73,264.5             14,652.9                 9,768.6                 2,686,361.1                 2,784,047.1
Redemptions                     (11,282.4)              (2,256.5)               (1,504.3)                  (413,687.2)                   (428,730.4)
Transfers of Bullion to pay expenses                          (778.8)                 (155.8)                  (103.8)                    (28,554.1)                     (29,592.5)
Closing balance                     299,737.5             59,947.5               39,965.0               10,990,374.3               11,390,024.3
                               
Investment in Bullion                              
Opening balance   $                    450,257    $           111,729    $               33,967    $                    231,645    $                    827,598
Creations                        133,380                37,623                  11,224                         70,967                       253,194
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                          (1,412)                    (393)                     (120)                            (755)                          (2,680)
Realized gain on Bullion transferred to pay expenses                               252                     164                         16                              185                              617
Change in unrealized (loss) / gain on investment in Bullion                        (37,350)                16,364                  (1,254)                       (10,781)                        (33,021)
Closing balance   $                    528,482   $          162,278   $              42,323   $                   283,167   $                1,016,250
                               

 

 

 

Six Months Ended June 30, 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   24,105.1    4,821.3    3,214.0    883,853.8    915,994.2 
Redemptions   (15,590.6)   (3,118.1)   (2,078.7)   (571,654.6)   (592,442.0)
Transfers of Bullion to pay expenses   (569.9)   (114.0)   (75.8)   (20,893.8)   (21,653.5)
Closing balance   191,121.1    38,224.2    25,482.8    7,007,773.9    7,262,602.0 
                          
Investment in Bullion                         
Opening balance  $277,466   $69,790   $23,251   $121,199   $491,706 
Creations   39,000    11,521    2,940    15,549    69,010 
Redemptions   (24,805)   (5,947)   (1,498)   (8,053)   (40,303)
Realized gain / (loss) on Bullion distributed for the redemption of Shares   4,473    2,608    (612)   (1,789)   4,680 
Transfers of Bullion to pay expenses   (920)   (259)   (62)   (333)   (1,574)
Realized gain / (loss) on Bullion transferred to pay expenses   181    141    (16)   (27)   279 
Change in unrealized gain / (loss) on investment in Bullion   42,526    (5,037)   (3,260)   (1,492)   32,737 
Closing balance  $337,921   $72,817   $20,743   $125,054   $556,535