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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
EXPENSES      
Sponsor’s Fee $ 6,222,877 $ 5,840,480 $ 3,821,435
Total expenses 6,223,000 5,840,000 3,821,000
Net investment loss (6,223,000) (5,840,000) (3,821,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)      
Realized gain on Bullion transferred to pay expenses 547,000 1,089,000 815,000
Realized gain on Bullion distributed for the redemption of Shares 2,679,000 14,779,000 4,680,000
Change in unrealized gain / (loss) on investment in Bullion (23,753,000) (109,394,000) 139,860,000
Change in unrealized (loss) on unsettled creations or redemptions (28,000)
Total gain / (loss) on investment in Bullion (20,527,000) (93,554,000) 145,355,000
Change in net assets from operations $ (26,750,000) $ (99,394,000) $ 141,534,000
Net increase / (decrease) in net assets per Share $ (2.28) $ (9.61) $ 19.53
Weighted average number of Shares 11,747,260 10,340,548 7,247,814