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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Statement of Stockholders' Equity [Abstract]        
Opening balance (in shares) 12,100,000 9,550,000 10,900,000 8,600,000
Opening balance $ 1,163,907 $ 875,400 $ 970,513 $ 841,868
Net investment loss (1,704) (1,474) (3,244) (2,759)
Realized gain on investment in Bullion 1,796 309 2,530 9,312
Change in unrealized (loss)/gain on investment in Bullion (130,957) 32,504 (55,754) (33,021)
Change in unrealized (loss) on unsettled creations or redemptions $ (28)
Creations (in shares) 600,000 1,150,000 1,850,000 2,500,000
Creations $ 55,651 $ 113,787 $ 179,112 $ 243,307
Redemptions (in shares) (200,000)   (250,000) (400,000)
Redemptions $ (17,722)   $ (22,186) $ (38,153)
Closing balance (in shares) 12,500,000 10,700,000 12,500,000 10,700,000
Closing balance $ 1,070,971 $ 1,020,526 $ 1,070,971 $ 1,020,526