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Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
EXPENSES      
Sponsor’s Fee $ 5,840,480 $ 3,821,435 $ 2,403,544
Total expenses 5,840,000 3,821,000 2,404,000
Net investment loss (5,840,000) (3,821,000) (2,404,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)      
Realized (loss) / gain on Bullion transferred to pay expenses 1,089,000 815,000 196,000
Realized gain on Bullion distributed for the redemption of Shares 14,779,000 4,680,000 1,807,000
Change in unrealized gain / (loss) on investment in Bullion (109,394,000) 139,860,000 76,595,000
Change in unrealized (loss) on unsettled creations or redemptions (28,000)
Total gain / (loss) on investment in Bullion (93,554,000) 145,355,000 78,598,000
Change in net assets from operations $ (99,394,000) $ 141,534,000 $ 76,194,000
Net increase / (decrease) in net assets per Share $ (9.61) $ 19.53 $ 13.11
Weighted average number of Shares 10,340,548 7,247,814 5,811,918