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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Statement of Stockholders' Equity [Abstract]    
Opening balance (in shares) 10,900,000 8,600,000
Opening balance $ 970,513 $ 841,868
Net investment loss (1,540) (1,285)
Realized gain on investment in Bullion 734 9,003
Change in unrealized gain / (loss) on investment in Bullion 75,203 (65,524)
Change in unrealized (loss) on unsettled creations or redemptions $ (28)
Creations (in shares) 1,250,000 1,350,000
Creations $ 123,461 $ 129,519
Redemptions (in shares) (50,000) (400,000)
Redemptions $ (4,464) $ (38,153)
Closing balance (in shares) 12,100,000 9,550,000
Closing balance $ 1,163,907 $ 875,400