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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
EXPENSES        
Sponsor’s Fee $ 1,703,897 $ 1,473,939 $ 3,244,003 $ 2,759,267
Total expenses 1,704,000 1,474,000 3,244,000 2,759,000
Net investment loss (1,704,000) (1,474,000) (3,244,000) (2,759,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain on Bullion transferred to pay expenses 259,000 309,000 453,000 617,000
Realized gain on Bullion distributed for the redemption of Shares 1,537,000 2,077,000 8,695,000
Change in unrealized (loss) / gain on investment in Bullion (130,957,000) 32,504,000 (55,754,000) (33,021,000)
Change in unrealized (loss) on unsettled creations or redemptions (28,000)
Total (loss)/gain on investment in Bullion (129,161,000) 32,813,000 (53,224,000) (23,737,000)
Change in net assets from operations $ (130,865,000) $ 31,339,000 $ (56,468,000) $ (26,496,000)
Net increase / (decrease) in net assets per Share $ (10.52) $ 3.12 $ (4.78) $ (2.76)
Weighted average number of Shares 12,436,264 10,039,560 11,803,039 9,584,807