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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
EXPENSES        
Sponsor’s Fee $ 1,473,939 $ 803,707 $ 2,759,267 $ 1,599,371
Total expenses 1,474,000 804,000 2,759,000 1,599,000
Net investment loss (1,474,000) (804,000) (2,759,000) (1,599,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain on Bullion transferred to pay expenses 309,000 129,000 617,000 279,000
Realized gain on Bullion distributed for the redemption of Shares 3,329,000 8,695,000 4,680,000
Change in unrealized gain / (loss) on investment in Bullion 32,504,000 41,506,000 (33,021,000) 32,737,000
Change in unrealized (loss) on unsettled creations or redemptions (28,000)
Total gain/(loss) on investment in Bullion 32,813,000 44,964,000 (23,737,000) 37,696,000
Change in net assets from operations $ 31,339,000 $ 44,160,000 $ (26,496,000) $ 36,097,000
Net increase / (decrease) in net assets per Share $ 3.12 $ 6.56 $ (2.76) $ 5.36
Weighted average number of Shares 10,039,560 6,735,714 9,584,807 6,739,286