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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Statement of Stockholders' Equity [Abstract]        
Opening balance (in shares) 12,500,000 10,700,000 10,900,000 8,600,000
Opening balance $ 1,070,971 $ 1,020,526 $ 970,513 $ 841,868
Net investment loss (1,520) (1,574) (4,764) (4,334)
Realized gain on investment in Bullion 836 5,011 3,366 14,323
Change in unrealized (loss) on investment in Bullion (48,542) (116,045) (104,296) (149,066)
Change in unrealized gain (loss) on unsettled creations or redemptions $ (28)
Creations (in shares) 750,000 1,850,000 3,250,000
Creations $ 72,203 $ 179,112 $ 315,511
Redemptions (in shares) (700,000) (350,000) (950,000) (750,000)
Redemptions $ (57,394) $ (32,239) $ (79,580) $ (70,392)
Closing balance (in shares) 11,800,000 11,100,000 11,800,000 11,100,000
Closing balance $ 964,351 $ 947,882 $ 964,351 $ 947,882