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Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2023
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$) 

June 30,

2023

   December 31,
2022		 
         
Level 1          
Investment in Bullion  $984,811   $1,003,576 
Changes in ounces of Bullion and their respective values for the three and six months ended June 30, 2023 and 2022 are set out below:

Changes in ounces of Bullion and their respective values for the three and six months ended June 30, 2023 and 2022 are set out below:

  

   Three Months Ended June 30, 2023 
(Amounts in 000's of US$, except for ounces data)        
Ounces of Bullion  Gold   Palladium   Platinum   Silver   Total 
Opening balance   306,353.3    61,270.7    40,847.1    11,232,955.4    11,641,426.5 
Creations   15,301.4    3,060.3    2,040.2    561,051.7    581,453.6 
Redemptions   (4,169.9)   (834.1)   (555.9)   (152,898.0)   (158,457.9)
Transfers of Bullion to pay expenses   (473.7)   (94.7)   (63.2)   (17,367.6)   (17,999.2)
Closing balance   317,011.1    63,402.2    42,268.2    11,623,741.5    12,046,423.0 
                          
Investment in Bullion                         
Opening balance  $606,488   $91,293   $40,071   $268,299   $1,006,151 
Creations   30,410    4,523    2,115    13,589    50,637 
Redemptions   (8,088)   (1,103)   (535)   (3,618)   (13,344)
Realized gain / (loss) on Bullion distributed for the
redemption of Shares		   1,321    (392)   (39)   297    1,187 
Transfers of Bullion to pay expenses   (931)   (134)   (64)   (417)   (1,546)
Realized gain / (loss) on Bullion transferred to pay expenses   169    (37)   (3)   41    170 
Change in unrealized loss on investment in Bullion   (23,164)   (14,644)   (3,630)   (17,006)   (58,444)
Closing balance  $606,205   $79,506   $37,915   $261,185   $984,811 

 

   Three Months Ended June 30, 2022 
(Amounts in 000’s of US$, except for ounces data)        
Ounces of Bullion  Gold   Palladium   Platinum   Silver   Total 
Opening balance   339,014.5    67,802.9    45,201.9    12,430,531.1    12,882,550.4 
Creations   16,793.6    3,358.8    2,239.1    615,766.1    638,157.6 
Redemptions   (5,595.0)   (1,119.0)   (745.9)   (205,147.1)   (212,607.0)
Transfers of Bullion to pay expenses   (515.4)   (103.1)   (68.7)   (18,897.3)   (19,584.5)
Closing balance   349,697.7    69,939.6    46,626.4    12,822,252.8    13,288,516.5 
                          
Investment in Bullion                         
Opening balance  $658,417   $153,167   $44,433   $308,464   $1,164,481 
Creations   31,802    7,263    2,152    14,434    55,651 
Redemptions   (10,295)   (2,212)   (721)   (4,494)   (17,722)
Realized gain / (loss) on Bullion distributed for the
redemption of Shares		   1,333    189    (51)   66    1,537 
Transfers of Bullion to pay expenses   (999)   (231)   (67)   (449)   (1,746)
Realized gain / (loss) on Bullion transferred to pay expenses   176    45    (4)   42    259 
Change in unrealized loss on investment in Bullion   (45,033)   (26,175)   (3,452)   (56,297)   (130,957)
Closing balance  $635,401   $132,046   $42,290   $261,766   $1,071,503 

 

  

   Six Months Ended June 30, 2023 
(Amounts in 000's of US$, except for ounces data)        
Ounces of Bullion  Gold   Palladium   Platinum   Silver   Total 
Opening balance   315,173.6    63,034.7    42,023.2    11,556,366.8    11,976,598.3 
Creations   16,695.3    3,339.1    2,226.1    612,160.8    634,421.3 
Redemptions   (13,916.3)   (2,783.3)   (1,855.5)   (510,265.8)   (528,820.9)
Transfers of Bullion to pay expenses   (941.5)   (188.3)   (125.6)   (34,520.3)   (35,775.7)
Closing balance   317,011.1    63,402.2    42,268.2    11,623,741.5    12,046,423.0 
                          
Investment in Bullion                         
Opening balance  $571,646   $111,887   $43,326   $276,717   $1,003,576 
Creations   32,938    5,018    2,306    14,813    55,075 
Redemptions   (26,860)   (3,972)   (1,809)   (11,530)   (44,171)
Realized gain / (loss) on Bullion distributed for the redemption of Shares   4,458    (1,049)   (109)   492    3,792 
Transfers of Bullion to pay expenses   (1,809)   (291)   (128)   (805)   (3,033)
Realized gain / (loss) on Bullion transferred to pay expenses   296    (50)   (3)   59    302 
Change in unrealized gain / (loss) on investment in Bullion   25,536    (32,037)   (5,668)   (18,561)   (30,730)
Closing balance  $606,205   $79,506   $37,915   $261,185   $984,811 

 

   Six Months Ended June 30, 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    10,362.2    6,908.1    1,899,730.6    1,968,811.7 
Redemptions   (6,997.1)   (1,399.4)   (932.9)   (256,559.6)   (265,889.0)
Transfers of Bullion to pay expenses   (968.8)   (193.8)   (129.2)   (35,523.0)   (36,814.8)
Closing balance   349,697.7    69,939.6    46,626.4    12,822,252.8    13,288,516.5 
                          
Investment in Bullion                         
Opening balance  $552,324   $120,690   $39,108   $258,889   $971,011 
Creations   99,953    25,389    7,109    46,661    179,112 
Redemptions   (12,856)   (2,745)   (906)   (5,679)   (22,186)
Realized gain / (loss) on Bullion distributed for the redemption of Shares   1,723    246    (60)   168    2,077 
Transfers of Bullion to pay expenses   (1,816)   (437)   (128)   (829)   (3,210)
Realized gain / (loss) on Bullion transferred to pay expenses   291    96    (6)   72    453 
Change in unrealized loss on investment in Bullion   (4,218)   (11,193)   (2,827)   (37,516)   (55,754)
Closing balance  $635,401   $132,046   $42,290   $261,766   $1,071,503