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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Statement of Stockholders' Equity [Abstract]        
Opening balance (in shares) 10,700,000 6,750,000 8,600,000 6,550,000
Opening balance $ 1,020,526 $ 556,261 $ 841,868 $ 499,078
Net investment loss (1,574) (1,035) (4,334) (2,634)
Realized gain on investment in Bullion 5,011 243 14,323 5,202
Change in unrealized (loss) on investment in Bullion (116,045) 77,619 (149,066) 110,356
Change in unrealized (loss) on unsettled creations or redemptions $ (28)
Creations (in shares) 750,000 1,200,000 3,250,000 1,950,000
Creations $ 72,203 $ 117,611 $ 315,511 $ 179,000
Redemptions (in shares) (350,000) (750,000) (550,000)
Redemptions $ (32,239) $ (70,392) $ (40,303)
Closing balance (in shares) 11,100,000 7,950,000 11,100,000 7,950,000
Closing balance $ 947,882 $ 750,699 $ 947,882 $ 750,699