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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Statement of Stockholders' Equity [Abstract]        
Opening balance (in shares) 9,550,000 6,900,000 8,600,000 6,550,000
Opening balance $ 875,400 $ 523,730 $ 841,868 $ 499,078
Net investment loss (1,474) (804) (2,759) (1,599)
Realized gain on investment in Bullion 309 3,458 9,312 4,959
Change in unrealized (loss) on investment in Bullion 32,504 41,506 (33,021) 32,737
Change in unrealized (loss) on unsettled creations $ (28)
Creations (in shares) 1,150,000 100,000 2,500,000 750,000
Creations $ 113,787 $ 7,925 $ 243,307 $ 61,389
Redemptions (in shares)   (250,000) (400,000) (550,000)
Redemptions   $ (19,554) $ (38,153) $ (40,303)
Closing balance (in shares) 10,700,000 6,750,000 10,700,000 6,750,000
Closing balance $ 1,020,526 $ 556,261 $ 1,020,526 $ 556,261