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Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
The categorization of the Trust’s assets is as shown below:

The categorization of the Trust’s assets is as shown below:

 

(Amounts in 000’s of US$)  December 31,
2022		   December 31,
2021		 
         
Level 1          
Investment in Bullion  $1,003,576   $971,011 
Changes in ounces of Bullion and their respective values for the years ended December 31, 2022 and 2021 are set out below:

Changes in ounces of Bullion and their respective values for the years ended December 31, 2022 and 2021 are set out below:

 

                     
           Year Ended December 31, 2022       
(Amounts in 000’s of US$, except for ounces data)        
Ounces of Bullion  Gold   Palladium   Platinum   Silver   Total 
Opening balance   305,852.8    61,170.6    40,780.4    11,214,604.8    11,622,408.6 
Creations   51,810.8    10,362.1    6,908.1    1,899,730.6    1,968,811.6 
Redemptions   (40,517.6)   (8,103.5)   (5,402.3)   (1,485,646.1)   (1,539,669.5)
Transfers of Bullion to pay expenses   (1,972.4)   (394.5)   (263.0)   (72,322.5)   (74,952.4)
Closing balance   315,173.6    63,034.7    42,023.2    11,556,366.8    11,976,598.3 
                          
Investment in Bullion                         
Opening balance  $552,324   $120,690   $39,108   $258,889   $971,011 
Creations   99,952    25,389    7,109    46,662    179,112 
Redemptions   (69,633)   (16,261)   (4,907)   (29,011)   (119,812)
Realized gain / (loss) on Bullion distributed for the redemption of Shares   4,755    1,635    (682)   (3,029)   2,679 
Transfers of Bullion to pay expenses   (3,568)   (838)   (249)   (1,553)   (6,208)
Realized gain / (loss) on Bullion transferred to pay expenses   434    135    (24)   2    547 
Change in unrealized (loss) / gain on investment in Bullion   (12,618)   (18,863)   2,971    4,757    (23,753)
Closing balance  $571,646   $111,887   $43,326   $276,717   $1,003,576 
                          

 

                     
           Year Ended December 31, 2021       
(Amounts in 000’s of US$, except for ounces data)        
Ounces of Bullion  Gold   Palladium   Platinum   Silver   Total 
Opening balance   238,534.2    47,706.9    31,804.5    8,746,254.5    9,064,300.1 
Creations   95,761.6    19,152.3    12,768.2    3,511,259.9    3,638,942.0 
Redemptions   (26,731.4)   (5,346.3)   (3,564.2)   (980,149.5)   (1,015,791.4)
Transfers of Bullion to pay expenses   (1,711.6)   (342.3)   (228.1)   (62,760.1)   (65,042.1)
Closing balance   305,852.8    61,170.6    40,780.4    11,214,604.8    11,622,408.6 
                          
Investment in Bullion                         
Opening balance  $450,257   $111,729   $33,967   $231,645   $827,598 
Creations   173,811    49,868    14,450    92,065    330,194 
Redemptions   (48,106)   (11,996)   (3,654)   (23,715)   (87,471)
Realized gain on Bullion distributed for the redemption of Shares   7,549    3,536    11    3,683    14,779 
Transfers of Bullion to pay expenses   (3,091)   (826)   (248)   (1,591)   (5,756)
Realized gain on Bullion transferred to pay expenses   490    282    14    303    1,089 
Change in unrealized loss on investment in Bullion   (28,586)   (31,903)   (5,432)   (43,501)   (109,422)
Closing balance  $552,324   $120,690   $39,108   $258,889   $971,011