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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Statement of Stockholders' Equity [Abstract]    
Opening balance (in shares) 11,350,000 10,900,000
Opening balance $ 1,007,501 $ 970,513
Net investment loss (1,495) (1,540)
Realized gain on investment in Bullion 2,739 734
Change in unrealized gain / (loss) on investment in Bullion $ 27,714 $ 75,203
Creations (in shares) 100,000 1,250,000
Creations $ 9,142 $ 123,461
Redemptions (in shares) (350,000) (50,000)
Redemptions $ (30,829) $ (4,464)
Closing balance (in shares) 11,100,000 12,100,000
Closing balance $ 1,014,772 $ 1,163,907