XML 24 R14.htm IDEA: XBRL DOCUMENT v3.23.3

Significant Accounting Policies (Tables)

9 Months Ended

Sep. 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$)		September 30, 2023				December 31, 2022
Level 1
Investment in Bullion		$	937,433			$	1,003,576

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

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

		Three Months Ended September 30, 2023
(Amounts in 000’s of US$, except for ounces data)
Ounces of Bullion		Gold				Palladium				Platinum				Silver				Total
Opening balance			317,011.1				63,402.2				42,268.2				11,623,741.5				12,046,423.0
Creations			—				—				—				—				—
Redemptions			(13,890.5	)			(2,778.0	)			(1,852.1	)			(509,315.0	)			(527,835.6	)
Transfers of Bullion to pay expenses			(473.7	)			(94.8	)			(63.2	)			(17,374.2	)			(18,005.9	)
Closing balance			302,646.9				60,529.4				40,352.9				11,097,052.3				11,500,581.5
																			—
Investment in Bullion
Opening balance		$	606,205			$	79,506			$	37,915			$	261,185			$	984,811
Creations			—				—				—				—				—
Redemptions			(26,909	)			(3,478	)			(1,728	)			(12,013	)			(44,128	)
Realized gain / (loss) on Bullion distributed for the redemption of Shares			4,372				(1,503	)			(189	)			951				3,631
Transfers of Bullion to pay expenses			(918	)			(119	)			(59	)			(414	)			(1,510	)
Realized gain / (loss) on Bullion transferred to pay expenses			150				(51	)			(6	)			36				129
Change in unrealized (loss) / gain on investment in Bullion			(16,799	)			3,667				1,313				6,319				(5,500	)
Closing balance		$	566,101			$	78,022			$	37,246			$	256,064			$	937,433

		Three Months Ended September 30, 2022
(Amounts in 000’s of US$, except for ounces data)
Ounces of Bullion		Gold				Palladium				Platinum				Silver				Total
Opening balance			349,697.7				69,939.6				46,626.4				12,822,252.8				13,288,516.5
Creations			—				—				—				—				—
Redemptions			(19,566.1	)			(3,913.3	)			(2,608.8	)			(717,427.4	)			(743,515.6	)
Transfers of Bullion to pay expenses			(517.5	)			(103.5	)			(69.0	)			(18,973.1	)			(19,663.1	)
Closing balance			329,614.1				65,922.8				43,948.6				12,085,852.3				12,525,337.8
Investment in Bullion
Opening balance		$	635,401			$	132,046			$	42,290			$	261,766			$	1,071,503
Creations			—				—				—				—				—
Redemptions			(33,650	)			(8,015	)			(2,248	)			(13,481	)			(57,394	)
Realized gain / (loss) on Bullion distributed for the redemption of Shares			2,278				937				(451	)			(2,004	)			760
Transfers of Bullion to pay expenses			(925	)			(212	)			(61	)			(375	)			(1,573	)
Realized gain / (loss) on Bullion transferred to pay expenses			95				25				(10	)			(34	)			76
Change in unrealized (loss) / gain on investment in Bullion			(52,167	)			21,172				(1,548	)			(15,999	)			(48,542	)
Closing balance		$	551,032			$	145,953			$	37,972			$	229,873			$	964,830

		Nine Months Ended September 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				612,160.7				634,421.2
Redemptions			(27,806.8	)			(5,561.3	)			(3,707.6	)			(1,019,580.8	)			(1,056,656.5	)
Transfers of Bullion to pay expenses			(1,415.2	)			(283.1	)			(188.8	)			(51,894.4	)			(53,781.5	)
Closing balance			302,646.9				60,529.4				40,352.9				11,097,052.3				11,500,581.5
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			(53,769	)			(7,450	)			(3,537	)			(23,543	)			(88,299	)
Realized gain / (loss) on Bullion distributed for the redemption of Shares			8,830				(2,552	)			(298	)			1,443				7,423
Transfers of Bullion to pay expenses			(2,727	)			(410	)			(187	)			(1,219	)			(4,543	)
Realized gain / (loss) on Bullion transferred to pay expenses			446				(101	)			(9	)			95				431
Change in unrealized gain / (loss) on investment in Bullion			8,737				(28,370	)			(4,355	)			(12,242	)			(36,230	)
Closing balance		$	566,101			$	78,022			$	37,246			$	256,064			$	937,433

		Nine Months Ended September 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			(26,563.2	)			(5,312.8	)			(3,541.7	)			(973,987.0	)			(1,009,404.7	)
Transfers of Bullion to pay expenses			(1,486.3	)			(297.2	)			(198.2	)			(54,496.1	)			(56,477.8	)
Closing balance			329,614.1				65,922.8				43,948.6				12,085,852.3				12,525,337.8
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			(46,507	)			(10,760	)			(3,154	)			(19,159	)			(79,580	)
Realized gain / (loss) on Bullion distributed for the redemption of Shares			4,002				1,182				(511	)			(1,836	)			2,837
Transfers of Bullion to pay expenses			(2,741	)			(649	)			(189	)			(1,204	)			(4,783	)
Realized gain / (loss) on Bullion transferred to pay expenses			386				122				(16	)			37				529
Change in unrealized (loss) / gain on investment in Bullion			(56,385	)			9,979				(4,375	)			(53,515	)			(104,296	)
Closing balance		$	551,032			$	145,953			$	37,972			$	229,873			$	964,830

X

- Definition

Tabular disclosure of movement in the investment in bullion in the Trust.

+ References

No definition available.

+ Details

Name:	gtlr_InvestmentsInBullionTableTextBlock
Namespace Prefix:	gtlr_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration