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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
EXPENSES        
Sponsor’s Fee $ 1,520,133 $ 1,574,298 $ 4,764,136 $ 4,333,565
Total expenses 1,520,000 1,574,000 4,764,000 4,334,000
Net investment loss (1,520,000) (1,574,000) (4,764,000) (4,334,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain on Bullion transferred to pay expenses 76,000 295,000 529,000 912,000
Realized gain on Bullion distributed for the redemption of Shares 760,000 4,716,000 2,837,000 13,411,000
Change in unrealized (loss) on investment in Bullion (48,542,000) (116,045,000) (104,296,000) (149,066,000)
Change in unrealized (loss) on unsettled creations or redemptions (28,000)
Total (loss) on investment in Bullion (47,706,000) (111,034,000) (100,930,000) (134,771,000)
Change in net assets from operations $ (49,226,000) $ (112,608,000) $ (105,694,000) $ (139,105,000)
Net increase / (decrease) in net assets per Share $ (4.12) $ (10.07) $ (8.91) $ (13.74)
Weighted average number of Shares 11,960,870 11,183,696 11,856,227 10,123,626